I have been turned down for a second mortgage on my home & no other place has even contacted me.
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That's too bad. It's really sad that your husband's employer had problems and transferred them to you with the loss of his job. There really needs to be some changes to the credit reporting systems as we know them. Just terrible!
Have you simply tried your bank? Sometimes sitting with your representative at a bank and explaining the whole situation, especially if you have been a customer for years, makes it easier to get that loan or second mortgage. The bank must know your communities economical difficulties, including those of your husband's previous employer, therefore, they may be more sensitive than you think. It's worth a try, and if they decline you, maybe they can give you some idea of where to go. There are also private mortgage companies who will invest in high risk loans, but please be very careful, and do lots of research of them (there are, of course, unscupulous people out there)
Best of luck
I have been turned down for a second mortgage on my home & no other place has even contacted me.?has your bk been discharged? if not you will be hard pressed to find a second. also, if you let me know of your situation in a little more detail, i can probably steer you toward something better.
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