Buying A Second Home Then Sell First
My current score is 627 at trans and experian and 550 at equifax. I think the biggest hit at equifax shows a bankruptcy from 1995. Would a lender qualify me for the purchase of another home before selling my current one. I have about 30,000 in equity in my current house. I even thought about renting the current house out but of course I would not be able to show any extra income on an application for loan.
You need to find out when the bankruptcy was processed as they should only stay on your record for 10 years. If it does not go away, you should write the bureau. Yes, you can get financing with that score on a second home with adequate income.
GL
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