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If you have a judgment in New York that does not show on any of your credit reports and want to get a mortgage in Florida is there any way they can find out about the judgment?
Wiki User
∙ 19y ago
Sure. There are methods of invesitgating individuals which may show all public records, no matter where they are filed. The typical procedure during the loan process, however, is pull a tri-merge credit report showing all three bureaus. The only public records which are typically addressed are those showing on the report.
Wiki User
∙ 19y ago
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If your name is on the warranty deed but not on the mortgage loan are you on any credit reports?
No ditto answer---NO
Can you get a home loan with a judgment on your credit report?
It is up to each mortgage company to determine a person's credit worthiness and likelihood to pay a mortgage loan. Mortgage companies may not approve loans if there are derogatory credit items on a person's report, but this decision is often based on many factors. A judgment will appear on your credit reportfor seven years from the filing date.
What is an outstanding judgment on a credit report?
An outstanding judgment is a court order that gives a creditor the legal right to collect from a debtor. As court judgments are a matter of public record, a creditor can report the judgment on the debtor's credit reports. An example of a judgment placed on a credit report would be a judgment for eviction. This judgment will remain on the credit report for seven years from the filing date.
If a mortgage payment is 20 days late will that be reported to the credit bureaus?
Generally, late payments over 30 days late are reported to a credit reporting agency. After that, late mortgage payments can become "missed" mortgage payments. And missed payments can affect your credit score in a negative way. However, your exact late payment will depend on how your specific mortgage lender reports payments to the credit bureaus.
Where can one get a bad credit mortgage in Florida?
Some of the sites that can help you overcome your credit problems and obtain a mortgage to obtain that new home you are wanting may include websites such as directfha, mortgagedigger, homeguides, fhamortgageprograms, trulia, zillow, realtor, realestate, bad-credit-mortgage-loan, hope-mortgage-assistance, and many others.
How many credit reports for mortgage loan are pulled?
3 reports are pulled and your score is the middle number of the 3.
If your name is on the warranty deed but not on the mortgage loan are you on any credit reports?
No ditto answer---NO
What is an outstanding judgment on a credit report?
An outstanding judgment is a court order that gives a creditor the legal right to collect from a debtor. As court judgments are a matter of public record, a creditor can report the judgment on the debtor's credit reports. An example of a judgment placed on a credit report would be a judgment for eviction. This judgment will remain on the credit report for seven years from the filing date.
Can you get a home loan with a judgment on your credit report?
It is up to each mortgage company to determine a person's credit worthiness and likelihood to pay a mortgage loan. Mortgage companies may not approve loans if there are derogatory credit items on a person's report, but this decision is often based on many factors. A judgment will appear on your credit reportfor seven years from the filing date.
Does a lawsuit by debt collector affect credit score?
Yes, a lawsuit by a debt collector can affect your credit score. If the debt collector wins the lawsuit and obtains a judgment against you, it may be reported to the credit bureaus, which can negatively impact your credit score.
If a mortgage payment is 20 days late will that be reported to the credit bureaus?
Generally, late payments over 30 days late are reported to a credit reporting agency. After that, late mortgage payments can become "missed" mortgage payments. And missed payments can affect your credit score in a negative way. However, your exact late payment will depend on how your specific mortgage lender reports payments to the credit bureaus.
How do you get a wrong judgment removed from your credit report?
Get a copy of your credit report from all 3 credit bureaus and file a dispute with each. They have a form you can fill out. You can get free credit reports from www.annualcreditreport.com
How long does a judgment stay on your credit report in florida?
Depends on how it was filed, but the judgment itself is valid a minimum of 5 years once it is awarded. Details can be found at http://www.sunbiz.org/corpweb/inquiry/jlien_how_to.html The length of time a judgment may show on your credit report is established by the Fair Credit Reporting Act, a federal law. FCRA 15 USC 1681c, Sec. 605, reads: "(a) Information excluded from consumer reports...(2) civil judgments...that from date of entry, antedate the report by more than seven years or until the governing statute of limiations has expired, whichever is the longer period." Certain states allow a judgment to be renewed. In Florida, a judgment is valid for 20 yeas, but must be re-recorded after the first 10 years. The re-recording could possibly trigger the judgment to appear on a consumers credit report.
How do you remove a paid judgment from a credit report?
If the judgment has been paid, the credit bureaus (such as Equifax, Experian and TransUnion) should reflect this in their credit reports. However, until the legislatively mandated time limits have expired, it will likely not be removed from the report.
What happens after a entry judgment is granted?
That pretty much depends upon how much the judgment is for. usually, if the judgment amount is small, then nothing happens except that you have a really negative mark on your credit report. If you attempt a purchase a home, the mortgage lender will force you to pay off the judgment before they will extend a mortgage loan to you. The judgment will appear on your credit report for a very long time and will negatively impact your credit score. If the judgment is for a relatively large amount of money, the creditor will most likely seek to garnish your earnings or attach monies in your bank accounts.
Can you get a mortgage with a civil judgment against you?
If the judgment is open, you must pay before escrow closes on the mortgage. If the judgment cannot be satisfied, you must show an agreement with the creditor and at least six months of consistent payments.
Can a civil judgment from 14 years ago be refiled and reentered on a credit report in Florida?
Yes, if the judgment was renewed before the expiration date.
