With regular financing, you wont able to get financing for 6-7 years with a fore closured property.
I can connect you with my VA lender if you need more information on VA loan. You might able to get financing via VA.
You can email me at email@example.com
Reporting to credut bureaus is expensive the property owner would need to pay approx. $500 or more per bureau.
Lynn911 Dallas Realtor & Consultant, Loan Officer, Credit Repair Advisor
The Michael Group - Dallas Business Journal Top Ranked Realtors
I hear this almost every day. There are a lot of credit repair companies that simply do not repair your credit. Here is one important question to ask about your other credit repair company: Did you ever get any updated credit reports in the mail once you enrolled in their programs? By law the credit agencies must provide you with updated credit reports once any credit changes have been made. Once company that I use for my personal clients is www.TheCreditUpdate.com I have used this company for 8 years and have had fantastic success with my clients who needed credit repair. Its a new site for the credit repair company but I believe its all up and going now. If you need mortgage help I am happy to answer your questions anytime and we have programs that work with all kinds of credit. Good luck and I hope this helps.
Steve Ferguson... more
Yes. Just get a print out from the company showing a history of 12 months with no lates over 30 days. You'll also need 3 other trade lines (electric, gas, car insurance, cell phone, home phone, cable, monthly life insurance payments, internet) plus rent.... more
Typically the minimum credit score for a FHA mortgage is 620. However, you will see a significant improvement in rates when you reach the 720-point plateau. Why FHA specifically? For purchases, conventional rates will be better and you'll avoid mortgage insurance as long as you have a 20% down payment. If you are considering a refi, many borrowers are not aware that most rate-and-term refinances can go to 97% of the property's value. Hope this was helpful, feel free to let me know if you need anything else.
E Mortgage Management
800.793.9633 ext. 156