Can my husband qualify for a loan with a 120 late day on a previous property that was recently sold.



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our old property just sold in november but we were late on our mortgage. we want to buy another property and use part of the proceeds that we got from our sell, how will the 120 late days affect the loan process. It never went into foreclosure or N.O.D becuase it sold.

Can my husband qualify for a loan with a 120 late day on a previous property that was recently sold.?opera singer

Depends on your FICO - did you check it ?

And most anyone can qualify, they just charge a wayyyyy higher % rate for bad FICOs .

Can my husband qualify for a loan with a 120 late day on a previous property that was recently sold.?amc theater opera theater

Probably not a very good loan.|||Good Afternoon,

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There are any number of solutions from credit repair to non-conforming loans to hardmoney lenders to a combination of 2 or more of these.

Good luck!



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