How do I write a communication to a mortgage loan company explaining doomed to failure credit and postponed payments?
I am trying to apply for a mortgage loan to get a house. I just get out of the military and was deployed for 3 of the 4 years and sometimes I didn't pay bills. How do I explain that. I enjoy already started to pay bills off and fix my credit.
Answers:
Explain you be deployed when all of the late payments took place. Whether or not this will backing I don't know, but that is your best course of action. Source(s): Accountant/Credit Consultant
It will not help. They look at the credit report and rack up and go from that. The best thing you can do is draw from caught up on everything and join a credit association. In a couple of years, you should be in a position to get a mortgage.
I don't know if it will oblige to give them reasons you didn't other pay. If you think it will serve explain that you couldn't get your mail out due to self in a war. If you didn't own a support system at home like parents that could handle your accounts while you be deployed explain why.
You may have to wait to buy a home until you own good credit and are out of debt.
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Answers:
Explain you be deployed when all of the late payments took place. Whether or not this will backing I don't know, but that is your best course of action. Source(s): Accountant/Credit Consultant
It will not help. They look at the credit report and rack up and go from that. The best thing you can do is draw from caught up on everything and join a credit association. In a couple of years, you should be in a position to get a mortgage.
I don't know if it will oblige to give them reasons you didn't other pay. If you think it will serve explain that you couldn't get your mail out due to self in a war. If you didn't own a support system at home like parents that could handle your accounts while you be deployed explain why.
You may have to wait to buy a home until you own good credit and are out of debt.
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