There are some deluxe luxury townhomes we should see in Itasca. I just sold one and the buyers love it. We should be able to get you a loan. I know the President of a great local mortgage company. Call or email me tomorrow if you want.... more
Brian Nguyen, Mortgage Broker or Lender, Mission Viejo, CA
Do you know your exact credit score? Who knows, your credit scores still may be acceptable. For example, I have been able to give out loans with scores as low as 580. So if you are in that range or above you will have a shot at a loan with a lender like myself. Otherwise, I recommend that you work on your credit score a bit. The simplest way to improve your score would be to pay off your debt and revolving credit balance on time. It's also important to understand that you're ability to obtain a loan relies on other factors as well. These factors include income, expenses, assets, liabilities, debt, employment, down payment, as well as credit scores. Either way, I suggest you speak with a lender like myself who would be glad to speak with you to help you get the loan that you need. If you have any further questions or if you would like a loan, feel free to contact me. Good luck! Brian Nguyen Sr. Mortgage Banker Phone: 949.667.2887 email@example.com... more
The primary negative impact on your credit reporting comes from your missed/delinquent payments, if any, not from the "event" itself (short sale transaction) and there is absolutely no negotiating of that.....the lender will report your missed payments and the credit bureaus will determine how they calculate your scores, period. Generally, if all else is good, it takes 3 years to re-qualify for a mortgage loan, unless there are some extenuating special circumstances. I have heard of 1 lender who will qualify you immediately post short sale if you have NOT missed any payments during the process, but have not actually seen it done.
"Lester the Lister"
CDPE (Certified Distressed Property Expert)
Love living in Itasca. It truly has a small town feel, yet is close to expressways, shopping, train into Chicago, etc. There's townhomes, single family homes, older homes, new homes, lots of parks and playgrounds. I feel the schools are the best in the area. The city government, fire and police departments are wonderful and the neighborhoods are safe.... more