Child support affecting credit for mortgage loan?
Many years ago when my husband divorced his ex-wife, he was self-empoyed and missed several payments. Four years ago, he filed obligatory documentation to have the arrears included with his monthly payments, increasing his payments monthly to include an added $100. After four years, the Texas Attorney General's office is showing it outstanding and consistently late. We are trying to purchase our first home but are have trouble getting the financing as his FICO score is reflecting this issue. What can we do to get around this issue and capture approved? We have documentation that shows he is current on child support and current on the agreement to pay arrears.
Answers:
The solitary thing you can do is either one, contact the cs bureau, show them your proof that he is not behind & ask them to fix it on his credit report to be correct. Or 2 the other option is to contact the credit reporting agency, equifax, transunion, or whichever one it is on and dispute that item. There are ways ot do it online through respectively agencies website, & you will have to do it with respectively one that it appears on. Then the credit reporting agency will contact the child support office to verify it's correctness, & if the cs office say oops, here's the real info. they will fix it. But if the cs office say oh no that's right, then they won't fix it & you will have to concord with the cs office directly on getting it fixed. Either track it is going to take about a month to fix and update the credit reports documentation.
Related Questions:
Is it still possible to pocket a mortgage out even if I enjoy a evasion on my credit tale?
Us would require adjectives defaults to be paid previously granting a mortgage; otherwise the defaulted lender might be in foreclosure position,. It's extremely unlikely that a bank or a reputable mortgage broker will...
Answers:
The solitary thing you can do is either one, contact the cs bureau, show them your proof that he is not behind & ask them to fix it on his credit report to be correct. Or 2 the other option is to contact the credit reporting agency, equifax, transunion, or whichever one it is on and dispute that item. There are ways ot do it online through respectively agencies website, & you will have to do it with respectively one that it appears on. Then the credit reporting agency will contact the child support office to verify it's correctness, & if the cs office say oops, here's the real info. they will fix it. But if the cs office say oh no that's right, then they won't fix it & you will have to concord with the cs office directly on getting it fixed. Either track it is going to take about a month to fix and update the credit reports documentation.
Related Questions:
Is it still possible to pocket a mortgage out even if I enjoy a evasion on my credit tale?
Us would require adjectives defaults to be paid previously granting a mortgage; otherwise the defaulted lender might be in foreclosure position,. It's extremely unlikely that a bank or a reputable mortgage broker will...