Can i finance a judgment into a house purchase not a refinance?
RaymondDepends on the Judgement... Say you go FHA and you say the sellers are paying 5, 000 of your closing cost.Can you take part of the sellers money and pay that judgement off? Absolutely. All your loan officer has to check is that it will be paid at closing. The underwriter will say it has to be paid at closing and it comes out of the sell of the home.To answer your question in one word... *YES*Just find somebody that knows what they are doing.
EstellIt may be tough just to get a mrtg with a judgment... Most companies would want to see at the very least the judgment paid in full... as well as a down payment. Good luck
JohanaI guess anything is possible, but unlikely.