Mortgage Sunrise

Sunrise residents who have filed bankruptcy or experienced a foreclosure can still purchase a home; even though they have damaged credit. The FHA guidelines state that a person can apply for a home loan 4 years post bankruptcy and 2 years post foreclosure. Sometimes a short sale can result in financing within 2 years on a case by case basis. Visit www.prioritylendingcorp.com.

Increase Your Chances For Receiving A Sunrise Mortgage Home Loan

There are some basic procedures that can be used to increase your chances for being approved for a Sunrise mortgage home loan with a previous bankruptcy, foreclosure, low credit scores, etc. After filing a bankruptcy a person will have to begin to rebuild their credit; as a bankruptcy provide filers with a “fresh slate”. To help rebuild credit obtain a major credit card. A small credit line that is used and paid each month will help to reestablish credit and improve your score. Also show steady employment on the job for 1-2 years. Earning a regular salary shows employment stability. Start saving money for a down payment of at least 3.5%. Avoid falling behind on bills and make your payments on time. This shows responsibility. It may take some time to build credibility in the eyes of a lender, but over time your efforts will be well worth it. Visit www.prioritylendingcorp.com.

Speak To A Professional Broker For Advice

Priority Lending Corp. is a Florida mortgage brokerage that serves Sunrise residents with professional mortgage services and products. They have the knowledge, experience, and resources to help you understand how to best improve your chances for obtaining a loan, as well as tips for improving your credit score. To speak with a Priority Lending broker visit www.prioritylendingcorp.com or call (954)-438-3776.  

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