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If you did a loan modification on your mortgage do you qualify for the first time homeowner tax credit?
Wiki User
∙ 14y ago
No, the tax credit only applies if you purchase your first home in the specified time period. A refi or modification would not count as a purchase.
Wiki User
∙ 14y ago
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Is is possible to qualify for a mortgage with bad credit?
There are many different programs to help you get a mortgage even if you have bad credit. You are likey to pay a higher rate for your mortgage but there are mortgage brokers who can help you to qualify.
Is there a bank where you will be able to qualify for a mortgage even though you have bad credit?
Chase will qualify you for a mortgage even if you have bad credit. You can even have filed for bankruptcy
Can you obtain a home equity loan on a family home that does not have a mortgage?
Yes, as long as you have a good enough credit rating to qualify for the mortgage.Yes, as long as you have a good enough credit rating to qualify for the mortgage.Yes, as long as you have a good enough credit rating to qualify for the mortgage.Yes, as long as you have a good enough credit rating to qualify for the mortgage.
How do defaulted homeowner loans affect bad credit?
Defaulted homeowner loans affect bad credit because it wont allow one to get a mortgage or another loan. Most banks and loan lending companies wont offer one a mortgage or a loan because one had taken defaulted homeowner loans.
What would one need to qualify for a business mortgage?
To qualify for a business mortgage, or a commercial mortgage loan, you would first need to qualify in terms of credit. You would also need to be able to fulfill terms of repayment through proof of income.
Is is possible to qualify for a mortgage with bad credit?
There are many different programs to help you get a mortgage even if you have bad credit. You are likey to pay a higher rate for your mortgage but there are mortgage brokers who can help you to qualify.
Is there a bank where you will be able to qualify for a mortgage even though you have bad credit?
Chase will qualify you for a mortgage even if you have bad credit. You can even have filed for bankruptcy
Can you obtain a home equity loan on a family home that does not have a mortgage?
Yes, as long as you have a good enough credit rating to qualify for the mortgage.Yes, as long as you have a good enough credit rating to qualify for the mortgage.Yes, as long as you have a good enough credit rating to qualify for the mortgage.Yes, as long as you have a good enough credit rating to qualify for the mortgage.
How do defaulted homeowner loans affect bad credit?
Defaulted homeowner loans affect bad credit because it wont allow one to get a mortgage or another loan. Most banks and loan lending companies wont offer one a mortgage or a loan because one had taken defaulted homeowner loans.
What would one need to qualify for a business mortgage?
To qualify for a business mortgage, or a commercial mortgage loan, you would first need to qualify in terms of credit. You would also need to be able to fulfill terms of repayment through proof of income.
Do you qualify for the 8000 credit if you go through a conventional mortgage company and not FHA?
Yes. Whether you have a mortgage or not or where you got it is not relevant.
What are mortgage websites used for?
Mortgage websites are used for calculating whether you qualify for a mortgage loan. They can determine if your credit history meets the requirements for approval.
Can a person file for homestead credit even if they are a homeowner and the mortgage is payed off?
if a person is a home owner and there mortgage is payed off how years may the go back?
Does home loan modification effect your credit score?
No. Neither requesting, nor receiving, a home loan modification of your mortgage will have any impact whatsoever on your FICO, or credit score. Making payments on time affects your credit score. See more:
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.
what is the minimum credit score for an FHA home mortgage?
If you have some credit then you will typically need a minimum middle credit score of 580 to qualify for a FHA loan.
What is the average expected credit score to receive a mortgage loan?
There is not an average expected credit score to receive a mortgage loan. You may have a low credit score, and an high income and still be able to qualify. Loans are not just based on credit score.
