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Judgements and applying for morgages

Posted on: 25th Nov, 2010 07:23 pm
I would like to know how a morgage loan is handled with a judgement on your credit. Will they require that it be fixed ( updated ) on credit bureau or will they just ask for a satisfaction letter.
Kath
Hi Kathreen,

The lender will want you to pay off the judgment and get a lien release certificate and then apply for a mortgage.

Thanks
Posted on: 25th Nov, 2010 08:32 pm
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