With a lien on my vehicle,can I apply for a mortgage loan?

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I took out a loan to pay off credit card debt.I have a lien on my auto because of this.Would I qualify for a home morgage loan with this lien?

  1. Reply
    May 3, 2011 at 12:18 am

    No. Do not waste any ones time. A legit bank will not lend. Any scum emailing you saying they will is just looking for your ID.

  2. Reply
    lonnie w
    May 3, 2011 at 12:48 am

    Yes of course. As long as your income can support the loan payment for the car and the mortgage you can get a mortgage loan with the correct credit situation. Your best bet is to contact a lender like Countrywide or Wells Fargo or anyother lender. You need to get yourself preapproved so that you know how much you can afford, down payment requirement, and costs associated with the loan.
    No one on this website knows the answer only a loan officer who looks at your situation can give you an answer. But check it out.

  3. Reply
    May 3, 2011 at 1:36 am

    It will depend on your credit score and whether or not you can afford to make the mortgage payment and the payment on the car loan.

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