Only a lender looking at your complete information can approve or deny you. There are always basic rules, but these often have exceptions that are too numerous to mention. Rather than take anyone here's word, sit down with a local lender and discuss your situation. It's complicated with both BK and Foreclosure, but there may be something out there.
If you don't qualify now, you'll learn directly from the most informed and reliable source what you can do to get approved sooner rather than later. I wish you the best of luck.
The best thing to do is to check out your local credit union and see what they said, it can't hurt. Let me know if you have any other questions that I can help you with.
CFS Mortgage - http://www.cfs203k.com
All my best,
The above text is representative of millions of Americans. Life has Challenges and, certainly, this past decade has been challenging for many. Life Challenges have taken their toll on Personal Income, Home Ownership and Family Stress. Our household Financial Fitness has incurred a number of "Credit Score Scars". Bankruptcy and Foreclosure are likened to the "Atomic Bombs" of "Credit Score Scars".
Today, the 'Traditional System' of 'Qualifying" for a Mortgage is not working for the overwhelming majority of 'would-be' Home Buyers. This begs the question. "Is there an Answer for... 'Un-Sellable Homes" and "Un-Loanable Buyers".?
I enjoy Good News. Better yet, I love a Challenging Story with Good News! With this decade's economic challenges, I am absolutely delighted to share that Private Professionals are making an enormous difference in today's Market Place and Home Ownership. Professional Real Estate Investors, numerous folks across the country like myself, are helping "Sellers with Un-Sellable Houses", as well as, "Un-Loanable Buyers"... and, all of this while eliminating "Bank Qualifying"! These exemplify the accomplishments of today's Real Estate Investors, as we assist in stabilizing this decade's Real Estate Market, Jobs, Families and our Nation's Economy.
If you know someone that has an "Un-Sellable House" or... is an "Un-Loanable Buyer", please forward this encouraging note to them. They will thank you for it!
Blessings, Sharon Z
(Subject Line: "Home Ownership")