Monday, August 16, 2010

How would one get a mortgage with an outstanding judgement on one's credit record? Any mortgage brokers know?

I want to stop renting and get a house but I have a judgement on my record which I guess makes it impossible. I know there must be a way but how? Any affordable options? I am in the chicago suburbs if that helps. And my credit, according to one bureau is sub 650. Thanx.How would one get a mortgage with an outstanding judgement on one's credit record? Any mortgage brokers know?
One judgement won't kill you unless it's huge and unpaid.





Don't assume it'll make a mortgage impossible; perhaps just a bit more expensive.





If you haven't already; Pay it off. Paid judgements are much simpler to deal with than open ones and help to repair your credit faster.How would one get a mortgage with an outstanding judgement on one's credit record? Any mortgage brokers know?
How far below 650 is my question. Also how old is the judgement. As long as it's not in the last 12 months you should be fine.





You can visit http://www.fivestarsmortgage.com/bad-cre鈥?/a> for some basic information.





Or http://www.fivestarsmortgage.com/contact鈥?/a> if your ready to get started!
Steven,





I can help ypu get a mortgage. Just shoot me an email to msmith@premierloangroup.com, and we'll see what we can do!





Marty





I AM A MORTGAGE BROKER LOL





You can get a home as long as you're score isn't sub 580, just shoot me an email and I'll give you the details.

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