|Do everything possible to help restore your rating. Try applying for a credit card even if you do not intend to use it as acceptance by a card provider will show mortgage companies that you are regarded as a relatively safe prospect despite your financial predicament.
Remember that credit reports are not always entirely accurate, so it is important that you check it for any errors, particularly if your credit score is in such a precarious position. One amendment in your favour could mean the difference in being turned down for a home loan and being accepted.
If you have a mortgage, but then declare yourself bankrupt, you can keep your property but may only maintain a certain amount of equity within it. The equity levels are known as the homestead exemption and vary from state to state.
Is There A Mortgages After Bankruptcy ?Carl J. Pinckney2019-05-07T06:43:19+04:00