If bankruptcy was declared within the last seven years but I have a couple of years of solid income, savings, and good credit, what kind of interest rate might I expect on a mortgage?|||It all depends on the lender that you go thru ....
My realtor says that he can get anyone with a 595 or better credit score a No Down payment loan at about 6% FIXED .
I'd suggest that you call around or visit in person, the various lenders , including Local indy banks ... AVOID the Mortgage Brokers and go witha DIRECT LENDER as you'll save a few $1,000 at closing ....|||If it has been more than 2 years and you have had steady income for the past 2 years than your interested rate would be approximately 6.75. This depends on the type of loan you want and who is giving it to you.
If you have really bad credit you may not get pre-qualified for any amount.
Don't get an adjustable rate. That is just crazy to do nowadays. Make sure it is fixed.|||you can go FHA now and get a good rate if you have been discharge 2 years or longer
I am a mortgage banker in TN %26amp; KY|||You would get a 30 year fixed at 9.75%. Or an adjustable starting at 5.875% for the first 6 months... life of loan max of 11.875%.|||Above 7% for sure!
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