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What are my chances of getting a mortgage with a foreclosure and bankruptcy on my credit report?

Saturday, June 12th, 2010
LemonLime asked:


I have around 12,000 for a down payment but Im currently unemployed and living on unemployment. What are the chances if I get a job this year and put down the money I have for a house (lets says between $75,000-$110,000) that I would get approved for a mortgage with a bankruptcy and foreclosure on my report that is almost 7 years old?
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