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Tina, Lawyer
Category: Real Estate Law
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Experience:  17 years of legal experience including real estate law.
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I defaulted on an investment property loan in 2009 and the

Customer Question

I defaulted on an investment property loan in 2009 and the bank sent the 1098 in 2011. I now want to buy a second home and put down 50% on the loan. Will I be approved?
Submitted: 3 months ago.
Category: Real Estate Law
Expert:  Alex Esquire replied 3 months ago.

I am very sorry to provide you with this bad news, but please understand that I do have professional obligation to provide customers with correct answers, even when answer is not favorable to the customer.

I wish you the best of luck and God bless you!

Does this defaulted loan shows on your credit history?

What is your current credit score?

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