Posted on: 20th Nov, 2010 03:57 pm
I would like to get a morgage, I have satisfied the judgement that was on my credit. What next? Do I need to get a satisfaction letter or is the confirmation of payment sufficient
Welcome Kathreen,
You will receive a lien release letter from the lender/creditor. This will be a proof of the fact that you have paid of the lien in full. Then, you can start applying for FHA mortgage.
You will receive a lien release letter from the lender/creditor. This will be a proof of the fact that you have paid of the lien in full. Then, you can start applying for FHA mortgage.