Monday, August 31, 2015

Did you know...

...the Wait Periods for Derogatory Credit?




If you have filed for bankruptcy, did a short sale and lost your house, perhaps you think you’ll never be able to own a home again. Fortunately for you, you’re wrong! With bankruptcy becoming more and more common these days, mortgage loans have been developed to help finance those who want to try again. Don’t assume lenders are not willing to lend you money, you'll just have to pass the waiting periods above. 

Overall, the best strategy to getting back into a home after bankruptcy is to wait.  It won't be a walk down easy street though; you’re going to have to work harder but that easy working with the right mortgage broker. 

Find out more today with just a few clicks below.  Steve Morgan - Fairfax Mortgage Investments 302-541-5363.


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