Re: MORTGAGE LOANS
[ Follow Ups ] [ Post Followup ] [ Credit Forum Index ]
Posted by scott (65.25.99.145) on January 29, 2003 at 09:55:24:
In Reply to: MORTGAGE LOANS posted by JEN on January 29, 2003 at 09:25:38:
the 7 years starts with the original debt. Selling it does not restart the clock no matter what lies a CA might tell you. What state are you in? also, probably all mortgage companies will want any chargeoffs paid as they are afraid of liens being placed on the house. You may get away with a high interest loan place like spectrum but be prepared to put around 30% down and pay 13% interest. There is no house in my opinion worth 13%.
Follow Ups:
Post a Followup
|