What is mortgage bankruptcy - Buying a Home After Bankruptcy - Beware of Shady Subprime Mortgage Lenders



Home \| Ask Your Question \| Mortgage Glossary \|Free Credit Report \| Mortgage Calculator

Mortgage Professor about mortgage bankruptcy:

Need Good Credit For a Reverse Mortgage?
July 21, 2003 ?I have an expensive house, not enough income, and no credit because I just went through bankruptcy. Can I get a reverse mortgage on my home?? Yes, there are no credit or income requirements, since borrowers don?t assume any payment obligation. To be ... more...

Portable Mortgages: a Useful Option?
October 6, 2003 "I have heard that you can now get a mortgage that can be moved from one property to another. That sounds like it would save me a lot of money because my company moves me every 3 or 4 years. Can you provide details?" A portable mortgage is one that ... more...

mortgage bankruptcy related definitions

Mortgage Broker
Mortgage Broker An individual in the business of assisting in arranging funding or negotiating contracts for a client buy who does not loan the money himself. Brokers usually charge a fee or receive a commission for their ... more...

Mortgage Baked Securities, MBS
Mortgage Baked Securities, MBS Mortgage-backed securities (MBS) are bond or other financial obligation secured by a pool of mortgage loans. Mortgage loans are purchased from banks, mortgage companies, and other originators and then assembled into pools by purchasing entity. ... more...

More about mortgage bankruptcy

Get Free mortgage bankruptcy Quotes and Estimates
Get instant on-line mortgage rate quote and closing cost estimate. Only put your loan numbers. No contact info required. Compare offers from top mortgage lenders... more...

Buying a Home After Bankruptcy - Beware of Shady Subprime Mortgage Lenders
If you have a recent bankruptcy and are looking to buy a home, be careful of unethical or predatory lenders. Whether you are looking online or offline for a mortgage lender, it is becoming increasingly more common that subprime lenders are taking advantage of bad credit borrowers.Many lenders will ... more...

Credit After Bankruptcy - Getting a Mortgage with Seller Financing
After a bankruptcy, getting approved for a mortgage loan is possible. However, those who apply for a mortgage should anticipate higher rates. To avoid this common pitfall, many choose to delay buying a home until their credit score increases. If you are eager to buy a home, there are other options ... more...

Bad Credit Mortgage Loans - How To Get Approved
Persistence is the key working toward getting approved for a bad credit mortgage loan. There are many factors that you, as a borrower have control over that can help you get approved faster and easier. There are guidelines that most sub-prime lenders go by that, if you know them, can help you ... more...

2nd Mortgage Loan After Bankruptcy - Should You Get a 2nd Mortgage?
A second mortgage loan after a bankruptcy is a valid choice for some people. With your home as your collateral, a home equity loan can get you better rates than with other types of loans. However, consider all your options before committing to a loan payment.How Long Ago Did You File Bankruptcy ... more...

Refinancing After Bankruptcy - Tips on Refinancing Your Home Mortgage After a Bankruptcy
Have you filed bankruptcy since you bought your home? Are you now looking to take advantage of lower interest rates by refinancing your home? You will probably soon realize how much more difficult it is to finance or refinance a home after a recent bankruptcy. It is not impossible though. There ... more...

Bad Credit Mortgage Loans How To Get Approved
Persistence is the key working toward getting approved for a bad credit mortgage loan. There are many factors that you, as a borrower have control over that can help you get approved faster and easier. There are guidelines that most sub-prime lenders go by that, if you know them, can help you ... more...

Buying A Home After Bankruptcy - When Is It Smart To Buy?
If you have recently or previously filed bankruptcy. You know how difficult it can be to get a home loan afterward. You may be wondering how long it takes until getting approved for a home loan becomes easier. Also, more importantly, when should you buy a home?Most subprime mortgage lenders want ... more...

Bankruptcy - 5 Ways to Avoid Bankruptcy
What you are about to read may stop you making the biggest mistake of your financial life.In today's debt ridden society many people are in severe financial difficulties, often for reasons outside their control. Bankruptcy for many, is the last step in a long road of financial pressures but many ... more...

Recent Bankruptcy? It's Not Impossible to Obtain a Home Loan
Because the new bankruptcy laws go into effect on October 17, 2005, more Americans than ever are filing for relief using the federal bankruptcy laws. The vast majority are simply overextended and cannot possibly repay the obligations they have open.However, for many filers, the opportunity of ... more...

Buying a House After Bankruptcy - Things To Consider
Bankruptcy can make getting any kind of financing much more difficult. However, it's not impossible anymore to get financing, even a few days after the discharge of a bankruptcy. But, is getting a loan soon after a bankruptcy a smart thing to do?It can be tempting to buy a new home, new car, etc. ... more...

Return to previous page