- This topic has 0 replies, 1 voice, and was last updated 9 years, 5 months ago by
.
Viewing 0 reply threads
- Posts
We had to move to another state due to my husband’s job.* We were upside down on our mortgage.* After 5 months we finally had an offer.* It was enough to payoff the first mortgage but not the HELOC.* We settled on an amount less than owed with the bank.* Just wondering if anyone knows how that will affect our credit,* if it’s looked at the same way*as a*short sale.* The one good thing about the settlement is that we were required to stay current with the HELOC payments*until the account was settled, so*there*shouldn’t be any negative reports of us being late.* *(My fico was 810 and my husband’s was 780… I know this since we just bought another house.* )** THANKS!!!!
Viewing 0 reply threads
- You must be logged in to reply to this topic.