Why hasn't my mortgage broker asked me in the region of my 4 year prehistoric collapse?
I had a bankruptcy 4 years ago and my mortgage broker hasn't mentioned it. Is this a big accord?
Answers:
because once it hits the 4 year mark or older, we don't fastidiousness. if there was something on your credit report that looks approaching it should have been included contained by your bankruptcy, will be the only time we ask for stuff.
Your broker is most likely using an automated underwrite system. These systems will analyze your credit, income, assets, etc. If the system issues an approval, then it doesn't matter, and the broker probably unseen it because it wasn't worth bringing up.
If you're concerned about this, contact your broker and ask if this is the case. If so, you hold no worries. If the broker missed it, you could head off a big problem untimely.
it's past the point of concern for him.
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Answers:
because once it hits the 4 year mark or older, we don't fastidiousness. if there was something on your credit report that looks approaching it should have been included contained by your bankruptcy, will be the only time we ask for stuff.
Your broker is most likely using an automated underwrite system. These systems will analyze your credit, income, assets, etc. If the system issues an approval, then it doesn't matter, and the broker probably unseen it because it wasn't worth bringing up.
If you're concerned about this, contact your broker and ask if this is the case. If so, you hold no worries. If the broker missed it, you could head off a big problem untimely.
it's past the point of concern for him.
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