Search found 3 matches

by
Mon May 20, 2019 2:12 pm
Forum: Home Loan Forum
Topic: How much can I borrow with a default?
Replies: 5
Views: 12318

Re: How much can I borrow with a default?

My default was paid back about 4 months ago and we’re planning to save up around 50k during this time period. How do we make sure we have the best chance at approval when the time comes?
by
Fri May 17, 2019 4:14 pm
Forum: Home Loan Forum
Topic: How much can I borrow with a default?
Replies: 5
Views: 12318

Re: How much can I borrow with a default?

That sounds wonderful. So, how do I qualify for a bad credit mortgage with one of your banks?
by
Fri May 17, 2019 3:02 pm
Forum: Home Loan Forum
Topic: How much can I borrow with a default?
Replies: 5
Views: 12318

How much can I borrow with a default?

Hi, I was very surprised when we were knocked back for a home loan. I’ve always paid my bills on time and in full or so I thought, that is until I found an unpaid $400 Vodafone bill listed as a default that had stayed on my file for more than a year. My credit score is sitting at a less than ideal score of 490. I didn’t dispute it at the time and immediately paid it off. They’ve refused to remove the default. Even though we had saved up for a house, we had to let go of a property that we were really interested in. How much can we borrow with a default? Another great property just came up and we were hoping if there were any options for us with bad credit? We’ve heard of bad credit loans.