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get a mortgage after foreclosure

Posted on: 15th Oct, 2010 05:43 am
I found work 3 weeks ago and tried to work with my mortgage company who states to little to late. I am getting a notice to leave. Now my soon to be wife are trying to get a house outside the city. together we earn about 95k gross. and total bills without mortgage is about 1500 per month. if we have 10% down is there any company that would give us an opportunity to get a different house.

Sincerely,

Andy Boyum
Hi aboyum,

You can apply for a FHA loan to buy a home. FHA loans are available at a credit score of 580-620 and at a down payment of 3.5% - 5%. However, if you already have a mortgage in your name, then you won't be able to get another mortgage in your name.
Posted on: 26th Dec, 2010 07:59 pm
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