Home Buying in 08046>Question Details

Younggreg, Other/Just Looking in New Jersey

I have a car repo on my credit, will I still be able to buy a house?

Asked by Younggreg, New Jersey Tue Jan 15, 2013

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3
Greg
It all depends on your credit score and whether the repo shows as a pending debt. It doesn't automatically disqualify you.
Ruth Bonapace
Wells Fargo Mortgage
201 741 5269
0 votes Thank Flag Link Tue Jan 15, 2013
Greg
It all depends on your credit score and whether the repo shows as a pending debt. It doesn't automatically disqualify you.
Ruth Bonapace
Wells Fargo Mortgage
201 741 5269
0 votes Thank Flag Link Tue Jan 15, 2013
Hi Greg, it depends on how long ago and if you have paid it off, among other things. The first steps, in no particular order, are to decide on a Realtor and get preapproved by a mortgage banker.

If you would like the name of a good mortgage banker, please email, call or text.

I live and work in South Jersey.

Eric Axelson, Associate Broker
Kurfiss Sotheby's International Realty
856.979.5967 cell
axelson@kurfiss.com
Web Reference: http://ericusa.com
0 votes Thank Flag Link Tue Jan 15, 2013
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