As we all know they are facing bankruptcy. I am one of the last, they are offered 100% financing, and my good sense, also said other mortgage companies for me they can not beat what I have offered to the national scale. So what can my loan happen if they go bankrupt? I must also try to seek funding elsewhere because of this?
I am in need of refinancing our home. We are currently almost 2 months behind on our mortgages. We stopped the foreclosure in October but are headed that way again if we don’t find a way to refinance. When we stopped the foreclosure in October we thought it was paying for Novembers payment too but it wasn’t so we were behind a month again right off the bat. We have a first and second mortgage we want to consolidate them. We also have an adjustable rate mortgage that is killing our finances. We filed bankruptcy almost 7 years ago. This is my dream home and don’t plan on leaving it until I go in a box in the ground. If anyone knows anything that would help I would be very greatful.
will a mortgage company finance us for a house.
It’s been 4 years and she still does not make enough money to refinance the house into just her name, and she has one child. We divorced on our own in Az without contesting a thing, and I did not want the house. I am aware I am still liable if she were to ever default. I have read a good deal about the few solutions available; refinance, selling etc. She is remarried but her husband has gone through bankruptcy on his own prior to their marriage. I’m hoping someone somewhere knows how to talk to finance companies. Will the mortgage company budge on anything? Or am I just plain and simply stuck?
If I can’t file another bankruptcy for 10 years, why would I be considered a bad risk to finance a home? Bankruptcy does not prove that a person can not manage money. They may have had lots of medical bills that were impossible to pay. I have no debt at this time and am looking for a mortgage company that will consider me. I am looking at a home that is very cheap where I can pay for it only making minimum wage. Anyone have a suggestion?
Dec 062011
My husband and I filed bankruptcy and it was discharged in March of 2006. Our mortgage has a 3 year adjustable rate mortgage (ARM) and 3 years will be up shortly. If I don’t re-finance, my rate is going to go up 3%. It’s already high enough! Any suggestions for a company that won’t screw us around?
Is there a mortgage company that gives people a second chance with bad credit but a good income? One that doesn’t charge an arm & a leg in interest? One that actually tries to help people who screwed up their finances and want to get on track without bankruptcy?
Fico Scores range from 585-621. Self employed, bankruptcy within past year. Don’t care about interest rates. Honest, kind answers only, please.
I look on the VA website and it’s says contact a mortgage broker but I don’t want a lot of people running my credit for nothing. The credit score, money down, any bankruptcy or forclosures, etc…
bysavedarfurcoalition
Does any one have any experience w/ debt relief.
My sister is in need of some help getting out of her mountains of bills due to a divorce and bad relationship decisions. She does not have the luxury of obtaining a loan to help, due to her terrible credit.
I told her to file for bankruptcy but she wants to avoid that route.
Anyone have experience with this.
Where would she find this consumer proposal?
Is this an attorney?
Or debt relief?