Mona Salem's Blog (2)
Late Payments Are Typically What Have the Major Affect on a Borrower's Credit
Your Credit Score
When you foreclose on a home your credit will be altered for about 5+ years, to say the least. However, when you do a short sale your credit is also affected, but for a much shorter time period and less damage is done. The truth is there is no concrete answer as to how many points it will affect your score. Every person has his or her own FICO and each individual’s score will vary. What I can tell you is the late payments are typically what have the…
Added by Mona Salem on September 1, 2012 at 9:27am — No Comments
Most Popular Blog Posts
© 2024 Created by Short Sale Superstars LLC.
Powered by
**********************************
like buttons