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Yes, if one got the loan after foreclosure proceedings began.

When banks make credit decisions, they want to consider as much up-to-date information as possible. If a foreclosure is coming up but is not on the credit report, the bank may grant the loan. Once the foreclosure shows up on the report, the bank will conduct due diligence and see if they would have granted the loan knowing about the foreclosure. Most banks would not and will call the loan, making you responsible for paying immediately.

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Q: Could a pending foreclosure cause a bank loan to be declined?
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Can a foreclosure or charge offs cause you to lose your security clearance?

no


If you are thirty days late on a non-reaffirmed mortgage will they foreclose on your home?

30 days generally will not cause a foreclosure. If the debt continues to be 30 days in arrears over months are foreclosure will happen at some point.


What can cause foreclosure?

The foreclosure process allows a lender to take back ownership of a property from a borrower. Foreclosure occurs when the borrower is no longer making the mortgage loan payments on time and in full. There are other factors that may cause a family to suffer from one of the many life changing events, such as:Divorce is a life changing issue. When there is a split in a household, this can cause people to lose their home in foreclosure. Divorce is definitely a reality of our society today.Unexpected illnesses lead to a excess of uninvited bills. Many people can't afford these expenses or do not have the insurance coverage to save them. Nobody plans to foreclose on their home, just like they do not expect to pay thousands of dollars in hospital bills.


How will a foreclosure affect your credit?

Foreclosure is a very damaging entry on a CR, and will cause problems if the person tries to obtain credit (especially another mortgage), in the future. Foreclosures remain on a CR for seven (7) years. Here is an interesting article I read just today on this topic. Here have a look: http://www.mortgagetonight.com/2009/01/how-foreclosure-affects-credit/


What does it mean when a house is labeled pending Feasibility?

Pending feasibility. This is a semi educated guess. The house is a pending sale with a contract that has multiple contingencies that may cause the sale to fall through feasibility: there is a study done to see if the property around the location is build able and dividable.To put it simply, it means that someone has put in an offer on the property, but they want to have a study done to make sure they can do what they would like to do with it before they actually purchase it.Our MLS has many "Pending" statuses and "Pending feasibility" is usually used for a vacant property while "Pending Inspection" is primarily used for residnetial properties with improvements such as a house.

Related questions

What is the cause for the decline of ideology?

Ideology has not declined.


Can default cause you to lose your home?

Yes. That is what a foreclosure is all about.


Can a foreclosure or charge offs cause you to lose your security clearance?

no


What cause the declined of the Aryans?

They mixed with the original inhabitants of India.


Can you request that a foreclosure sale be dismissed by the court if the Plaintiff did not adhere to a court order?

If the lender's failure to obey a court order is serious enough to cause the foreclosure to be defective then you could ask the court to dismiss the action. However, you should seek the advice of an attorney or a local legal aid agency who could review the proceeding.


What is a pending death certificate?

There may be an autopsy and the results of that are pending so a death certificate can be issued as proof of the death but the cause of death is still to be entered into the record.


How long will a paid collection on your report cause you to be declined for credit cards?

7 years


Why Spain had severe inflation?

what is the cause of the spanish economy declined and at times spain was bankrupt


How long can an employer suspend you pending investigation?

if you are not in a 'right to work' state and they have cause, yes they can.


If you are thirty days late on a non-reaffirmed mortgage will they foreclose on your home?

30 days generally will not cause a foreclosure. If the debt continues to be 30 days in arrears over months are foreclosure will happen at some point.


If you are out of work pending a for cause drug test that comes back negative is your employer required to compensate wages?

No.


Will a aggravated menacing case cause you to lose you gun license?

It may cause a temporary suspension of your concealed carry license pending the outcome of the charges.