Posts Tagged "bankuptcy"

How to qualify for a bad credit mortgage loan after a bankuptcy?

on Dec 23, 2012 in FHA Information | 2 comments

Question by Rob I: How to qualify for a bad credit mortgage loan after a bankuptcy? Could I get a rate like 8% with $ 5000.00 dollars down payment on a 30 year fixed on a $ 100000 dollar mortgage? Monthly mortgage payment would be around $ 900.00 dollars a month and closing costs would be around 2000 dollars? Best answer: Answer by Wayne ZDoubtful. If anyone is willing to do the loan, unhealthy diagnosis which is unlikely, the rate would be higher and your required down payment would need to be much higher. Add your own answer in the comments! How to qualify for a bad credit mortgage loan after a...

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