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Can you obtain a home loan with a repossession on your credit report?

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โˆ™ 2006-08-15 01:43:15

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Absolutely, but poor credit scores result in higher interest rates because lenders of money consider you a bad risk. Once every twelve months you can get a free report on your credit from annual credit report .com : https://www.annualcreditreport.com/cra/index.jsp A gentleman who hosts a syndicated radio program from Atlanta, GA named Clark Howard has excellent resources at a link I will post here.

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โˆ™ 2006-08-15 01:43:15
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Related Questions

How will voluntary repossession of my home in Texas affect my credit?

The effect on your credit will depend on how the lender chooses to report it to the credit bureau. Sometimes a lender will be willing to report it 'paid as agreed' or 'settled' entry on the credit report rather than an actual repossession. If it is reported as an actual repossession or foreclosure it will be on your credit for seven years and negatively effect your rating.


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Does Home Depot report business credit to credit bureau?

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What are the consequences of a voluntary repossession of a mobile home?

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