answersLogoWhite

0

After debt settlement, you can typically buy a house once your credit score has sufficiently improved and you've met lender requirements. This often takes about 1-3 years, depending on the extent of your debt and how well you manage your finances post-settlement. It's advisable to work on rebuilding your credit by making timely payments and reducing outstanding debts before applying for a mortgage. Additionally, some lenders may have specific waiting periods or conditions, so it's essential to check with them.

User Avatar

AnswerBot

1mo ago

What else can I help you with?

Related Questions

Do I need to use a debt calculator to see if I can buy a house ?

No, you do not need a debt calculator to see if you can buy a house. Debt calculators do not exist. However, if you're referring to interest calculators, they exist online.


How long do you have to wait to buy a house after a debt consolidation?

2 weeks


How soon after bankruptcy can you buy a house in Nevada?

When you have the money


How soon can you buy a house with cash after foreclosure?

Never.....


How soon after bankruptcy in Kentucky can you buy a house?

5 years


How soon after foreclosure and sale can you buy a house?

3 years


What might you send to people who buy a house with no water?

A get well soon card


grant to pay dept and to buy a house senior citzen?

how can i get a grant Iam senior citzen need help to debt and buy house in maricapo az. that i dont have to pay back.


What do you mean buy bed debt?

I think the question should be 'buy bad debt'. You buy bad debts at a deep discount and make money when the debt was actually paid.


Can a family member buy the house that is in a reverse mortgage?

Only if they pay off the outstanding debt owed on the mortgageOnly if they pay off the outstanding debt owed on the mortgageOnly if they pay off the outstanding debt owed on the mortgageOnly if they pay off the outstanding debt owed on the mortgage


Why would someone want to buy debt?

There are several reason for a person to want to buy debt from another. The first is that they will then control the debt. The other reason is that the debt can be bought for less than it is worth.


What does it mean to buy debt?

It means to buy peoples bills from a companies then you can collect the debt that they owe and charge interest