Bankruptcy No Longer Means "no" Mortgage
– Jose H. Caraballo, mortgage industry speaker, writer and Senior Loan Officer at Esquire Lending Company, is helping many South Floridians with "bankruptcy" in their past, achieve the American dream of becoming homeowners. Jose H. Caraballo, a mortgage expert states, "Americans have been filing bankruptcy at record-high levels over the past five years and each year that number increases. A bankruptcy does not necessarily disqualify a borrower from purchasing a home. Recognizing that bankruptcy has sometimes resulted from unfortunate events and not always mismanaged finances, we at Esquire Lending Company are becoming more willing to take the calculated risk."Instead of waiting two or four years after being discharged from bankruptcy, this mortgage professional is willing to give buyers a home loan much sooner. Those who have declared Chapter 7
New Jersey Mortgage Refinance - New Jersey Home Refinance
New Jersey mortgage refinance explains about the low interest rates offered in mortgage refinance. Also provides information on New Jersey home refinance.
New Jersey Home Equity Loan - NJ Home Equity Loan Rate
New Jersey home equity loan offers best rates and describes the benefits of home improvement loans in New Jersey. Provides complete information and advantages of New Jersey home equity financing, home equity loan and home equity loan rate.
New Jersey Debt Consolidation - NJ Debt Consolidation Loan
New Jersey debt consolidation informs about the costs involved in the debt consolidation loans and also offers great rates on NJ debt consolidation loans.
New Jersey Bad Credit Mortgage - NJ Bad Credit Mortgage Loan
Provides comprehensive information on New Jersey bad credit mortgage loans and also know how to purchase the best NJ bad credit mortgage based on your credit score.
New Jersey First Time Home Buyer - NJ First Time Home Buyer
New Jersey first time home buyers provides instant rates for first time home buyers and also speaks about the importance of pre-qualification and credit history for first time home loans in NJ. Offers best tips for the NJ first time homebuyer.
bankruptcy may be eligible for a loan in as little as one day after the discharge. Still, others may be eligible in as little as one year. Those who have declared Chapter 13 may be eligible for a loan even while they are still reorganizing."Another common misconception is that a previous bankruptcy will require you to have a large down payment and pay extremely high rates and points" Caraballo says. Currently, there are programs available with as little as 3 percent down and sometimes even no down payment with attractive rates and points. Due to new options in the mortgage industry, bankruptcy no longer needs to stand in the way of getting a home loan. With the help of the professionals like Jose H. Caraballo, those who have experienced financial difficulty will have an easier time getting a mortgage.Sadly, an increasing number of consumers are filing for bankruptcy every year. Jose H. Caraballo wants to dissolve this misunderstood area of mortgage financing that leaves many families unable to take advantage of the many benefits that homeownership brings and get them into a home of their own. Mr. Caraballo has been featured in the Bankruptcy Bar Association newsletter. Contact Jose H. Caraballo for insights on other mortgage or credit-related matters..
|
