In the time since the Bankruptcy, there should be no new derogatory items such as late payments, collection accounts, liens, judgments, etc. Having late payments after a Bankruptcy is often viewed as a disregard for the importance of credit. It also reflects that you are still having financial struggles.
If a mortgage was included in the Bankruptcy, HUD requires that you must wait at least 36 months from the foreclosure date to be eligible for an FHA mortgage. Sometimes, the foreclosure happens well after the Discharge Date of the Bankruptcy. If the mortgage was not re-affirmed, there is not much that can be done until the property get foreclosed on.
Getting Pre-Qualified is the only way for you to find out your options. To get Pre-Qualified you purchase, you can submit your request online at http://www.rodneymason.com.
Rodney Mason, NMLS #151088
Sr Loan Officer
825 Juniper St NE, Atlanta, GA 30308
Office: (404) 591-2453
Apply Online at http://www.rodneymason.com
Licensed in Alabama & Georgia
Prospect Mortgage offers a full selection of mortgage programs including:
Conventional | FHA | FHA 580-639 FICO | FHA 203K Renovation (Streamline & Consultant) | HomePathÂ® | HomePathÂ® Renovation | HomeStyleÂ® Renovation | VA | USDA | GA Dream | Jumbo Financing
I work with 5 excellent Mortgage Lenders ie., Prime Lending, Brand Mortgage, Starkey Mortgage, Wells Fargo and Bank of America. Any one of my preferred lenders will be able to advise you correctly on your different options for obtaining a Mortgage Loan.
The First Time Home Buyer Tax Credit ended a few years ago. However, there are different Down Payment Assistance Programs that you could qualify for with your new home purchase. I have done several of these programs with my past clients. Of course, my 5 Preferred Mortgage Lenders are also knowlegeable about these programs.
If you would like to discuss your opportunities further with me you can get my contact information through my Trulia Profile.
I look forward to talking with you and discussing your home needs.
Have a Good Evening,
Keller Williams Realty
I have many year of experince in the real estate business, buying, selling and financing.
Isabel Elsesser, Realtor
First United Realty
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