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Mortgage loan question

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DaBears
Senior Contributor

Mortgage loan question

Me and my wife will be applying for a mortgage loan in the next 3 months. She has a debt management relief service she is paying monthly on for a total of 6K in credit cards. before we got married.  I will be putting down 30K for the loan. There shouldn't be any issues with her having that DMP on her credit report? she has no collections at all. only a foreclosure from 3 yrs ago from her previous marriage.

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2 REPLIES 2
Kozmo
Frequent Contributor

Re: Mortgage loan question

No there shouldn't be an issue having a dmp as far as I know. Are her scores ok since joining the program? I know they close accounts so...
Message 2 of 3
DaBears
Senior Contributor

Re: Mortgage loan question

They are closed accounts and her scores ( Fico ) are about 675.

Message 3 of 3
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