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can I have a good chance of an auto loan 2 1/2 years after my foreclosure?

I had good credit before buying my house by diane3_272_887 from Murfreesboro, Tennessee. Jun 19th 2012 Reply


William J Acres (William_Acres)
#74 ranked lender in Arizona - 8,728 contributions

If you can fog a mirror, you can qualify for a car loan.. You might not like the down payment requirements or the interest rates, but you will get approved... But this website is primarily for mortgage related questions.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

Jun 19th 2012
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Peter Botros (PeterBotros)
#70 ranked lender in New York - 895 contributions

I can tell you its possible, not definite. It really depends on the bank. Most large banks may not lend to you cause they could consider you medium-high risk so with that being said you could incur a high interest and large down payment as well. Unfortunately this is not my area of expertise so I cannot guarantee that this statement is accurate. But take a look at your credit score now to find out.

Jun 19th 2012
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DOUG CAPPS (DOUG CAPPS)
#1 ranked lender in Mississippi - 208 contributions

Hi Diane,Auto financing is MUCH different than mortgage financing. Since I'm not in that industry, you may want to check with your local auto dealership.

Jun 19th 2012
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Bert Carpenter (BertCarpenter)
#37 ranked lender in Arizona - 2,431 contributions

Best way to find out is to apply for one. We don't do auto loans, so we really can't tell you the auto loan criteria, sorry. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ www.LoansA2z.com ~ 888-889-9950

Jun 19th 2012
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