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There are lenders out there that will do a mortgage one day after forclosure. But if it is under 3 years you will have to get a sub-prime loan which has higher rates than a regular loan.
If it is has been 3 years and you have been paying all you bills on time you shouldn't have a problem getting a loan.
Yes 3 years is the magical number for foreclosures but keep in mind that you still have to rebuild your credit. There are minimum fico score requirements to purchase a property.
What else can I help you with?
Can you re-fi your primary home after losing an investment property to forclosure?
Yes. You will need to have at least a 620 credit score, and it has to be at least 3 years after the forclosure. Yes. You will need to have at least a 620 credit score, and it has to be at least 3 years after the forclosure.
How soon can you refinance a home after purchase?
You can typically refinance a home after purchase as soon as six months, but it's important to consider factors like your credit score, equity in the home, and current interest rates before deciding to refinance.
How long do you have to own a home before you can sale it?
3-4 yearsAnother AnswerAs soon as you have clear title to the house, even with a mortgage -- as soon as the purchase is closed -- you can sell the home.
where are tax forclosure or tax leins in this area?
it depends up on your area, there are so many tax forclosure or tax leins.
How soon after buying a home can you refinance?
You can typically refinance your home as soon as you have completed the purchase and the title has been transferred to your name. However, it's important to consider factors like closing costs and how long you plan to stay in the home before deciding to refinance.
What is the generic way to avoid forclosure?
The generic way to avoid forclosure is to refinance or get an additional loan float to keep the home from forclosure. This allows the individuals to maintain in their homes as well as allows the banks to receive a higher yield, versus the forclosure amounts.
Can you re-fi your primary home after losing an investment property to forclosure?
Yes. You will need to have at least a 620 credit score, and it has to be at least 3 years after the forclosure. Yes. You will need to have at least a 620 credit score, and it has to be at least 3 years after the forclosure.
How soon can you refinance a home after purchase?
You can typically refinance a home after purchase as soon as six months, but it's important to consider factors like your credit score, equity in the home, and current interest rates before deciding to refinance.
How will a va forclosure effect my credit?
I think it is safe to say that a forclosure of any type will destroy your credit worthiness. A home lone should be the last possible thing you let slide.
Exhusband he signed quick claim he is the primary loan holder but the house is in forclosure?
we just got divorced and he gave me the home but it is in forclosure if i fax qick claim to mortage company will they have to start process over
How long do you have to own a home before you can sale it?
3-4 yearsAnother AnswerAs soon as you have clear title to the house, even with a mortgage -- as soon as the purchase is closed -- you can sell the home.
Is it illegal for the refrigerator to be removed if a house is in forclosure?
Typically the contents of a home are not considered a part of it. It could be removed.
How do you know if you would get a deficiency judgment on your forclosure. Do they go after pension or social security?
Can there be a deficiency judgment on a mortgage forclosure in virginia?
where are tax forclosure or tax leins in this area?
it depends up on your area, there are so many tax forclosure or tax leins.
How soon after buying a home can you refinance?
You can typically refinance your home as soon as you have completed the purchase and the title has been transferred to your name. However, it's important to consider factors like closing costs and how long you plan to stay in the home before deciding to refinance.
How soon after purchasing a home can I refinance it?
You can typically refinance your home as soon as you have completed the purchase and the title has been transferred to your name. However, it's important to consider factors like closing costs and how long you plan to stay in the home before deciding to refinance.
How soon after purchasing a home can you refinance?
You can typically refinance your home as soon as you have completed the purchase and the title has been transferred to your name. However, it's important to consider factors like closing costs and how long you plan to stay in the home before deciding to refinance.
