How long will a mortgage default sit on my credit?

Layer-visible-off
0
Unfavorites
0

How long will a mortgage default sit on my credit?

1

Defaults/foreclosures now report on credit for 10 years. You will be ineligible (under current rules) for a conventional mortgage for 4 years, may have some quicker options under FHA, depending on the circumstances of the default, but certainly a minimum of a couple of years.

Answered over 5 years ago
Ted Rood
1480 1 8
You Must Be Logged In To Answer