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Judgement on credit report

My wife and I were about to close on a new townhouse in Fort Myers until a judgement showed up on my wife's credit report. The amount was small so we paid it and received a pending warrant satisfaction. We have all the documents. Will our bank still allow us to close? by Rosspa_557_885 from Fort Myers, Florida. Apr 9th 2013 Reply


Barclay Butler (Barclay)
#83 ranked lender in Illinois - 76 contributions

It depends on your bank if they will allow it. We only care that the judgement either been pd. off or a pmt. plan is in place. If you have any other questions please call or email me 224-420-9990, or bbutler@barclaybutlerfinancial.com

Apr 9th 2013
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William J Acres (William_Acres)
#73 ranked lender in Arizona - 8,728 contributions

Since the lender will run your credit prior to funding, if the judgment shows on the credit report, they will require it be paid.. but you should be asking your loan officer this question, not the internet.. 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

Apr 9th 2013
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Peter Savino (855411LEND)
#100 ranked lender in New Jersey - 332 contributions

ask your loan officer, he should know the rules for that bank

Apr 9th 2013
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Charlie Sparks (CharlieSparks)
#8 ranked lender in New Mexico - 401 contributions

Typically the creditor would need to file a release of the judgement, (or provide it to you for filing). Your lender and title agent should be able to instruct you on the process at this point.

Apr 9th 2013
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Carlos Figueira (carlosfigueira)
#108 ranked lender in New Jersey - 199 contributions

You should be fine....they may ask you to document that the money used to pay came from one of your bank accounts.

Apr 9th 2013
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Michelle Curtis Loan Originator NMLS 401173 (MichelleCurtisLO)
#77 ranked lender in Florida - 2,245 contributions

typically if you have proof it has been paid they will still let you close but it depends on the bank.

Apr 9th 2013
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Craig Prickett (cpmtgnow)
#160 ranked lender in Florida - 98 contributions

Yes. Im from Fort Myers, grew up there. Call me Im in South Florida and focus on South Florida 954 558 4430 www.firstfloridafin.com

Apr 11th 2013
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