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Owning A Home Even With Bankruptcy Or Foreclosure

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Gretchen Hill | 25 Nov 2014, 10:25 PM Agree 0
A record of bankruptcy or foreclosure will stay on your credit report for seven years. This means, each time you try to apply for new credit, your prospective lender can see that negative remark in the Public Records section of your credit report.

Many lenders may be unwilling to extend credit for someone with a history of bankruptcy. However, you’ll be glad to know that there are lenders who are willing to extend mortgages for customers with bad credit or even bankruptcy in their report. In this article, let’s discuss how you can increase your chance of getting approved for a home mortgage after bankruptcy. More on
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