At my two year make and want to buy a new house. Credit score is around 660-670( kind of high ). Problem is 1) mortgage company not reporting mortgage to credit bureau, but shows current, not include in Ch7, and never late with lender. Question is can I get a new FHA loan?
2) Was told, if Ch7 is not an issue, then the loan would have to be at or below 75% of the original loan amount with an appresal to support if.
Is this true?
Will I be able to get new loan?
BOA will not reaffirm morgage and theater who I am trying to get a mortgage with.
By signing up a debt counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
Some creditors and collection agencies refuse to lower the payoff amount, interest rate, and fees owed by the consumer.
Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.