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Loan after forclosure

If I have a 25% for a down payment and a foreclosure that took place 3 years ago it possible to get financing for a new mortgage? by JessicaKidder from San Diego, California. May 19th 2010 Reply


Michael Ivanov | Mortgage Loan Officer (GoToLoanGuru)
#3 ranked lender in Nevada - 17 contributions

As long as you have maintained a clean credit history after the foreclosure and your score is high enough to meet the guideline requirements it will definitely be possible for you to obtain a financing.

May 19th 2010
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Gregorio Denny (GVDenny)
#257 ranked lender in California - 380 contributions

There are circumstances that could allow you to obtain financing, but I would have to know what the reasons for the foreclosure were. Hopefully you re-established your credit as that will be a key factor. I see you are in San Diego as we are. Contact me and I can go over the details with you and get you pre-approved. Gregorio Denny - WeFixRates.Com

May 19th 2010
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