Avoid the foreclosure stigma — Homeowners will always have to disclose that they had
a foreclosure on any mortgage application and (many job applications) that they submit in the future.
Not exact matches
When both a bankruptcy and
foreclosure are disclosed
on the loan
application, the lender may apply the bankruptcy waiting period if the lender obtains the appropriate documentation to verify that the
mortgage loan in question was discharged in the bankruptcy.
Excessive fees, lack of notice before starting
foreclosure proceedings, and incorrect
application of payments are just some of the goings -
on at some
mortgage giants, according to the International Tribune.
Lenders will ask for this paperwork to verify everything you put
on your
mortgage application as a precaution to avoid another potential
foreclosure.
When it comes to private
mortgages, our lenders will look at your
application on an equity basis and will consider your
application even if there is bad credit, no income, previous
foreclosure or limited - documentation to provide.