A past filing of bankruptcy does not mean you can’t buy real estate again in Rancho Cucamonga. We can help you get a mortgage or find other ways to buy a home, if you do get turned down for a traditional mortgage. So if you are in the market to buy in Rancho Cucamonga, Fontana, Ontario, Upland, Claremont, here are a few things to consider:
■Have a copy of your current bank statement
■Have written proof of your monthly income
■Make a list of all your current monthly bills
■Collect all your recent credit card statements
■Have a copy of your bankruptcy agreement If you have straightened out your credit since the bankruptcy, you are in a much better position to get a mortgage.
Hopefully, you are currently paying all your monthly bills on time and rebuilding your credit rating. The bigger your down payment, the easier it will be to get a mortgage. So, where can you get money for a down payment?
■Have you been having money taken out of your checks and put into a savings?
■Do you have any money market accounts?
■Do you have money invested in mutual funds?
■Do you have certificates of deposit about to come due?
■Will you be receiving a bonus from your employer?
■How about a friend or relative who would loan you the down payment?
For more detailed information about qualifying for a mortgage with a BK on your credit, let's sit down with an experienced mortgage lender who can answer all your questions!
No comments:
Post a Comment