Posted on: 18th Dec, 2010 08:38 pm
We applied for loan modification and messed up our credit. Now our family is expanding and need bigger space we can't get a loan because our lender put us on a default/delinquent record. What do we need to do to get this mess fix?
Hi Guest,
You will have to pay off the mortgage in full in order to improve your credit score and get another mortgage to buy a new property. If you already have a mortgage on a property, you won't be able to get a new loan for a new property.
You will have to pay off the mortgage in full in order to improve your credit score and get another mortgage to buy a new property. If you already have a mortgage on a property, you won't be able to get a new loan for a new property.