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    automansgirl's Avatar
    automansgirl Posts: 467, Reputation: 42
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    #1

    Mar 14, 2007, 12:17 PM
    Any other options for financing?
    Okay, so my husband and I are in a huge pickle! I'll try to make this as short as possible... My husband still owns a house with his ex-wife. They are selling it through a relocation company due to he and I moving out of state. The problem is that we are responsible for the second mortgage, the house is in a really bad part of town and has depreciated in value, and we have to come up with the difference. The difference is a little less than $20k. We were trying to buy a house where we live now so we could refinance for the diff. Problem is that my husband had to file bk and we have late payments on our credit. The bk was over 2 years ago, and we have been working to correct and improve our credit. Unfortunately we still have a couple of late pays on our credit within the last year, so we can't get the financing for the loan. Now I'm afraid that we won't be able to come up with the money. My hubby makes good money and his debt to income ratio is excellent, but because of the few minor marks still on our credit we can't get the loan, and don't know what other options we have. If anyone could help I would greatly appreciate it. Thanks so much in advance.
    automansgirl's Avatar
    automansgirl Posts: 467, Reputation: 42
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    #2

    Mar 14, 2007, 01:23 PM
    Any ideas?? Anyone??
    arosemond's Avatar
    arosemond Posts: 3, Reputation: 1
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    #3

    May 3, 2007, 08:07 AM
    Quote Originally Posted by automansgirl
    Any ideas??? Anyone???
    Hi,
    I know a mortgage company who has helped me buy a house and I had a bk. If he has good job and dti is good, give him a call. I know he can help. He has a lot of good program even if you have bad credit or bk. Is your score 600 or above? Then even better.

    The number is 803-233-4530 . Your Mortgagae soluttion llc
    Good luck
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