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km1
Posted - 03 June 2008 : 20:51:53 If i am looking to get a mortgage after i have been discharged from the bankruptcy does anyone know of any good websites/lenders? Does it make a difference if a partner has good credit score?
K
1 L A T E S T R E P L I E S (Newest First)
Helpful Advice
Posted - 04 June 2008 : 09:37:47 Hi kn1,
You will be able to obtain a mortgage, but the rate will be very high, especially in the current environment.
If purchasing new then as mortgage products tighten up due to the credit crunch then a higher deposit will be needed.
The higher deposit you have the better the interest rate.
Although your partner may have good credit you are still a high risk and classed as adverse therefore they will bass the mortgage product against your history.