7 Tips On Getting A New Mortgage After Bankruptcy

Marki Lemons Real Estate Blog

You have found your dream home and you are eager to get a mortgage, move into the property and start enjoying life there. However, there is only one problem standing in your way – the fact that you have been through some hard financial times in the past. If you (or your partner) have been bankrupt previously, will this affect your chances of being able to buy the home you want? The good news is that it is still possible to obtain a mortgage even if you have been bankrupt before. Here are some tips that will help you to increase your chances of mortgage success: Choose the right lender. Some lenders may not approve your new mortgage if a bankruptcy shows up on your credit history. However, there are some that do as long as you are able to prove that you have the income to make your payments…

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