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Credit Score in Staten Island : Real Estate Advice

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Activity 3
Tue Nov 24, 2015
Vladimir Barman answered:
It all depends on the business loan...if you will be personally liable for repayment of the loan...than it might affect the decision on your home mortgage since monthly debt to income ration will be higer ... more
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Sun Sep 1, 2013
lendersnetwork answered:
Yes there is a new program for FHA by HUD for people in your shoes you just need 12 months from the date of the Bankruptcy, short sale or foreclosure.

The U.S. Department of Housing and Urban Development (HUD) recently announced the “Back to Work – Extenuating Circumstances” program, aimed to help people who have lost their home through foreclosure, short sale or bankruptcy. HUD has reduced the previously required minimum of 36 months to 12 months before they may be able to finance another home, given that they meet HUD’s minimum eligibility requirements. ... more
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