« Some Lenders, However, Ignore Consumer | Home | If You Are Already »
Some Lenders Will Require That
Some lenders will require that you discontinue and close out your account with a credit counseling company, also known as a debt consolidation or debt relief company, in order to obtain a mortgage loan with them. Credit counseling is viewed as almost as the equivalent of bankruptcy by many lenders and just like most lenders will require bankruptcies to be discharged before providing borrowers with a mortgage loan, lenders will usually require the same for clients in credit counseling services.
Tags: credit counseling, bankruptcy <BR/>No related posts.
Related posts brought to you by Yet Another Related Posts Plugin.
Leave a Comment