How much does a foreclosure lower your credit score?

Let’s learn how much does a foreclosure lower your credit score. The most accurate or helpful solution is served by Yahoo! Answers.

There are ten answers to this question.

Best solution

Excellent credit score but foreclosure on record, Can I buy a house?

I have a 720 credit score and foreclosure on my record that is 14 months old. Any info will be greatly appreciated. Thanks!

Answer:

Once that foreclosure is on record...your credit score will take a 100 - 150 point drop. The only way...

Read more

self at Yahoo! Answers Mark as irrelevant Undo

Other solutions

How many points has foreclosure taken off your credit score. Deed in lieu?

I hear a lot about how these hurt credit, and how they stay on a credit report for seven years. Given the Michigan economy, it's something I'll be facing should I take a job elsewhere. Thanks for your specific answers.

Answer:

A lot depends on what your current score is. If your credit is near perfect and your score is over ...

Read more

Tr0nik at Yahoo! Answers Mark as irrelevant Undo

How long after a foreclosure before my credit score goes down?

I recent had to do a foreclosure (strategic) as my condo wasnt worth a short sale at all... per the info I can find, the auction was on 3/21/14. My credit union shows a zero balance ...show more

Answer:

Www.report-score.blogspot.com checkout third link on

Read more

F4EMFXCI5OCPRWLRHJKFEB44SQ at Yahoo! Answers Mark as irrelevant Undo

Answer:

Information about the specifics of credit scoring is largely emphirical and based on trial and error...

Read more

wiki.answers.com Mark as irrelevant Undo

Answer:

The damage your credit takes after a foreclosure depends upon how high your credit rating was prior...

Read more

Answerbag Staff at Answerbag.com Mark as irrelevant Undo

Looking for a new morgage on a new house, 6 months after foreclosure.Credit score is there, help! Who can?

We are looking for a lender who will work with us. It has been six months since foreclosure on our old house. We have no debt and more income and would like to buy a new house. The credit score is there. We are looking for 0% down. Let me know who will...

Answer:

I would be amazed if you can make this happen. First off lenders work on the basis that once a bad customer...

Read more

joy v at Yahoo! Answers Mark as irrelevant Undo

Answer:

With a higher interest rate. You will able to purchase a home with a subprime mortgage. What this means...

Read more

wiki.answers.com Mark as irrelevant Undo

Answer:

Yes you can, the quickest way if you have the money to do so is, as Elbandito said, pay the amount that...

Read more

Vanitee at Amazon Askville Mark as irrelevant Undo

Is there a loan company out there anywhere that refinances under 500 credit score to stop foreclosure?

I am in need of refinancing our home. We are currently almost 2 months behind on our mortgages. We stopped the foreclosure in October but are headed that way again if we don't ...show more

Answer:

There are companies that can help. However you may be better off attacking your issue by resolving your...

Read more

OIEZ3E3Q4H4LCF2CA5FFGQRKTI at Yahoo! Answers Mark as irrelevant Undo

Answer:

Credit scores are calculated based on ALL the information in a consumers' file at the time the score...

Read more

wiki.answers.com Mark as irrelevant Undo

Just Added Q & A:

Find solution

For every problem there is a solution! Proved by Solucija.

  • Got an issue and looking for advice?

  • Ask Solucija to search every corner of the Web for help.

  • Get workable solutions and helpful tips in a moment.

Just ask Solucija about an issue you face and immediately get a list of ready solutions, answers and tips from other Internet users. We always provide the most suitable and complete answer to your question at the top, along with a few good alternatives below.