|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