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zippy666
Posts: 3 Newbie
Hi, just wanted to ask a question - I know a lot will depend on how things are at the time etc but just wanted to get an idea so any help/advice very welcome.
We have had debt trouble in the past but will soon be clear, by the time we apply for a mortgage we will be debt free and have no adverse credit on our file. we will be 50 & 45 both in good jobs for over a year and no other credit apart from one credit card each with a balance of less than 1000.00, we have 3 children under 18.
Would we get a mortgage? We will have at least 20% to put down.
I know its hard to ask such a question but just wanted to know if we were just dreaming - we would be first time buyers. thanks
We have had debt trouble in the past but will soon be clear, by the time we apply for a mortgage we will be debt free and have no adverse credit on our file. we will be 50 & 45 both in good jobs for over a year and no other credit apart from one credit card each with a balance of less than 1000.00, we have 3 children under 18.
Would we get a mortgage? We will have at least 20% to put down.
I know its hard to ask such a question but just wanted to know if we were just dreaming - we would be first time buyers. thanks
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Comments
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Are you saying all your previous problems will be at least 6 years old?I am a Mortgage Broker
You should note that this site doesn't check my status as a Mortgage Broker, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0 -
they will have all been over 6 six years ago0
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Then it all sounds possible Zippy - but do use a mortgage broker.I am a Mortgage Broker
You should note that this site doesn't check my status as a Mortgage Broker, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0
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