Does anyone know of a lender that will consider a mortgage with a dismissed bankruptcy? I filed chapter 13 in 1995 and had it dismissed 1996. I've had some late payments and 1 charge off since that time. My exp report didn't have the bankruptcy, I was able to get trans to delete but can't get EQ to budge. As of last night, my EQ score is 643 and TU is 604. I don't pull Exp anymore since its not what the lenders see. To be on the safe side in determing my middle score, I'm making the assumption that it will be lower than the 604 which will make my middle score 604. I want to apply for a mortgage real soon and from what I've learned from my research is that lenders not only look at the credit score but at history as well. My concern is that they will deny because of what has happened since the dismissed bankruptcy if I can't get EQ to delete. Does anyone have anything to offer or know of a good Mortgage Broker in TN that I can speak to?
From all the stuff I went through with getting my new home.. Seemed like the better rates are being offered to 620 an above.. Not saying it is impossible to get the loan you want. Just saying what I experienced on my recent home hunt. You really need to talk to a couple new home builders in the area your thinking of buying. They seem to always now what programs are being offered in a certain part of the state county what have you. There are also many many programs for firsst time buyers along with people with limited incomes. Best of luck
Hi! i have been searching for mortgage help too. My CH 13 was discharged last year. I found a great site for mortgage questions that seem to be answered by brokers and reputable companies. There's a board for each state ! Good luck! www.interest.com
