"How long do we have to wait to qualify for another mortgage" is the question concerning people who've had a foreclosure, short sale or bankruptcy. The loan types for the new loan will differ in amounts of time to heal credit scores based on the event.
The following chart is meant to be a general guide for how long a person might have to wait. During this waiting period, it's important that the person be current on all payments and maintains a history of good credit.
A recommended lender can give you specific information regarding your individual situation and can make suggestions that will improve your ability to qualify for a mortgage. This process should be started before looking at homes because of the time constraints listed here can vary based on current requirements and possible extenuating circumstances of your case.
We want to be your personal source of real estate information and we're committed to helping from purchase to sale and all the years in between. Call us at (701) 258-1213 for lender recommendations.
Author:Mary Shelkey-Miller Phone: 701-240-7355 Dated: April 10th 2018 Views: 35 About Mary: MSM Realty, Inc. was established in December of 2013 by me, Mary Shelkey-Miller.
I started selling ...
We recently changed BUT we have not changed the service that we provide!! We are a small company that pays attention to the client first and foremost. We have been in business since 2013 and have been growing a little each year. We work with buyers, sellers, investors, and commercial sales. Our agents are ready and willing to help you with all of your real estate needs.
"If you are looking to Buy or Sell, I highly recommend you give Derrick Rittenbach a call with MSM Realty. He is very knowledgeable and helpful. He has helped us every step of the way to buy our house in Bismarck. We are very happy and excited to move into our forever home. "