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A few years ago, if you had a bankruptcy or a foreclosure on your credit report, you could forget about trying to get a mortgage loan. If you were lucky enough to find someone who would finance you, your interest rate would be through the roof and plan on putting 10-20% down.But today, this is not the case. There are
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Purchasing a new home after a recent or past foreclosure is
easier than you may think. Some previous homeowners are hesitant
to apply for a mortgage. Considering their history, many assume
that mortgage lenders will immediately deny their loan request.
On the contrary, numerous lenders offer mortgages and loans to
individuals with damaged credit. Hence, obtaining a new home
loan is within your reach.
Ways to Quickly
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Foreclosures are on the rise nationwide, and the Phoenix, Arizona area, including greater Maricopa County, is not immune from this trend. There are over 0 BILLION worth of mortgages in foreclosure right now, nationwide. This is a staggering statistic. Those in this unfortunate situation often have to try to sell their house, but can find it impossible to do before
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Latest Foreclosure Surplus Petition News
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MGIC Investment Corporation Reports Fourth Quarter 2011 Results
MILWAUKEE, Jan. 24, 2012 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) today reported a net loss for the quarter ended December 31, 2011 of 5.3 million, compared with a net loss of 6.7 million for the same quarter a year ago. Diluted loss per share was <#news_description#>.67 for the...
Tue, 24 Jan 2012 04:23:33 -0800
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