A Chapter 7 bankruptcy (liquidation) does not disqualify a borrower from obtaining a mortgage if at least four years have elapsed since the date of the discharge of the bankruptcy. Additionally, the borrower must have re-established good credit or chosen not to incur new credit obligations. The borrower also must have demonstrated a documented ability to responsibly manage his or her financial affairs. bankruptcy are not likely to recur.
First Time Home Buyer:
You've searched for a new home for months, found the house of your dreams, negotiated the price and, finally, set a closing date. Now it's easy sailing? Not quite.
As a First Time Home Buyer the assistance of an experienced team to assist you in securing the mortgage program best meeting your needs is essential. Allow Eva Sleeper and her team of experienced mortgage and realty professionals to guide you through this exciting yet often confusing experience.
As a first time home buyer you have accessibility to loan programs designed to assist you into your new home more easily. Please remember, as a first time home buyer, the first time home buyer programs may not be the best “buy” for you. Many of the first time home buyer programs have restrictions and strings attached. Allow Eva Sleeper to assist you in determining which of these programs works best for you.
Eva Sleeper and her team of mortgage and real estate professionals offer low rate conventional mortgages to qualified consumers. We continue to provide a variety of mortgage loan options that ensure competitive interest rates. Purchasing a home in the Tallahassee, Florida area is made easy with knowledgeable mortgage professionals.
Our Team is well informed on the many recent changes in mortgage guidelines.
Call or email today!
678.772.8221 / email@example.com