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Credit report shows foreclosed owe 18000 mortgage never contacted you?
Bigtexn002
Contact the lender immediately to review. If the report is WRONG because you did not assume and default on the mortgage, contact the credit reporting bureau immediately to flag the defaulted account as fraud.
Wiki User
∙ 16y ago
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Can a mortgage company report a foreclosure?
Yes. A foreclosure can be reported by the entity that foreclosed, by the servicing agent for the entity that owned the mortgage when it was foreclosed or by a mortgage company if it held the mortgage when it was foreclosed.
Why wouldn't a foreclosed mortgage appear on a credit report?
Someone erred in entering it into the record or your information about the foreclosure is incorrect.
Can a house be foreclosed on if you have only signed a costruction loan but no final loan aggrement?
The answer is Yes, the construction loan is considered a regular mortgage. So if you stop paying the mortgage, it will forclose and show on your credit report.
Is it correct for the loan amount of a foreclosed property to appear on a credit report?
what ever the balance was at the time of foreclosure will report on your credit report
What is the difference between a consumer credit report and a residential mortgage credit report?
a consumer credit report was more likely connecting to individuals as consumers,on the other hand,a residential mortgage credit report was simply focusing to the households considered as the consumer it self.
Can a mortgage company report a foreclosure?
Yes. A foreclosure can be reported by the entity that foreclosed, by the servicing agent for the entity that owned the mortgage when it was foreclosed or by a mortgage company if it held the mortgage when it was foreclosed.
Why wouldn't a foreclosed mortgage appear on a credit report?
Someone erred in entering it into the record or your information about the foreclosure is incorrect.
Can a house be foreclosed on if you have only signed a costruction loan but no final loan aggrement?
The answer is Yes, the construction loan is considered a regular mortgage. So if you stop paying the mortgage, it will forclose and show on your credit report.
Is it correct for the loan amount of a foreclosed property to appear on a credit report?
what ever the balance was at the time of foreclosure will report on your credit report
How does a private mortgage holder enter a favorable report on the mortgagee's credit?
A private mortgage holder normally does not belong to a credit bureau; therefore, can not report credit activity to a credit bureau..
What is the difference between a consumer credit report and a residential mortgage credit report?
a consumer credit report was more likely connecting to individuals as consumers,on the other hand,a residential mortgage credit report was simply focusing to the households considered as the consumer it self.
Where can you get your credit report from all three companies free?
You can get your credit report from all three credit companies by going to your local bank and asking a mortgage consultant to run your credit report.
Know Your Credit Score When Applying for a Mortgage?
Knowing your credit report credit score is the first step in securing a mortgage. When you are looking to buy your home, having a current, up-to-date copy of your credit report is essential in securing the best rates. By reviewing your credit report prior to applying for a mortgage, you will be prepared to clear up any past debts or errors on your credit report that could prevent you from getting a mortgage loan. Your loan officer will request a copy of your credit report credit score, so don't be taken by surprise when it comes time to apply for your loan.
Who is eligible to apply for a CCJ mortgage?
In recent years it has become easier to apply for a mortgage with a CCJ on your credit report. The easiest way to determine if you're eligible to apply for a mortgage is to contact a UK independent mortgage broker after you have received your credit report from a credit reporting bureau to see if you qualify.
Can filing for bankruptcy remove a foreclosure from your credit report?
No, if property has been foreclosed upon the notation will remain on the credit report for the required amount of time of seven years from date of foreclosure. A bankruptcy remains on the credit report for ten years.
Does making extra principal payments to your mortgage have any affect on your credit rating?
Yes, it will shorten the time in which the mortgage is on your credit report.
How long does it take a foreclosed house to get off your credit record?
A foreclosed home can take seven years before it is taken off your credit report. You can build your credit back up in about three years if you continue to pay all your bills on time.
