Companies do refer to Chexsystems. Since you are just a year or so to work on Chexsystems, you will have to wait for atleast 4 years more.
Chexsystems is a CRA and they will not remove you for 5 years.
But, you can refer to some banks which do not use Chexsystems and try to get a mortgage.
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Answered on 1:53 pm Nov 8th 2010