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| *Loan,banking and credit>>>mortgage loan |
Can you still qualify for a mortgage with defaulted student loans? |
if you can qualify for a mortgag with defaulted student loans how do you go about it? The short answer is "yes." ...buttttt, it depends on your credit report. If you have a history of default then it isn't looking so good. That is why we have a sub-prime market (think very high interest rates). Find a mortgage broker in your area that will pull your credit. They will let you know if you are capable of getting a loan. Best of luck Mortgage Broker, http://www.losethearm.com lign="right" > Sign in to vote! Yes; you will likely have to go through a non-conforming lender; let us recommend 1. www.totaldebtsolutionsllc.com lign="right" > Sign in to vote! Hi there, There are many loan products out there that will accomodate for 'blips' on your credit history. It still depends on the credit score and type of loan you need but its very possibly to qualify. The best thing to do is to first see if you can even qualify - go to a bank or mortgage lender and explain the situation. They will pull your credit, discuss your situation and be able to tell you if you can obtain financing and what the terms will be. I am in the mortgage industry and my company is www.1stmetropolitan.com. If I can be of any help let me know. Hope this was useful! :) |
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