2007-01-16 22:15:45 · 10 answers · asked by C C 1 in Business & Finance ➔ Renting & Real Estate
I have never heard of "black listing" in the mortgage industry. Maybe you're not living in the USA? Here, we just have credit ratings (if this is what you mean). Just about anyone can get a mortgage even after a bankruptcy or foreclosure. But you will pay an extremely high interest rate on your money because of the risk factor that you are.
Good Luck!
2007-01-16 22:23:47 · answer #1 · answered by Barbara 5 · 3⤊ 0⤋
Black list means nothing to most people. Can you be a bit more specific as to what you are indicating.
In some markets (US and UK) there are ways for anyone to obtain financing. The financing will not be the most competitive in terms of rate or loan value. Hence it is possible to get some financing but maybe not financing you would prefer.
The other view is to figure out what is going to turn your situation around. It could take time. Or it could mean that you borrower in the name of a company. Other possibilities exist if you could share what the problem is.
2007-01-16 23:23:11 · answer #2 · answered by Anonymous · 1⤊ 0⤋
In the UK there is no such thing as blacklisting, merely credit ratings and different companies interpret them in different ways so whilst one company may refuse you, another may accept you. You will find companies that will lend to what they deem 'high risk' borrowers but you will pay a higher interest rate.
2007-01-16 22:40:13 · answer #3 · answered by TrickyDicky 1 · 0⤊ 0⤋
Some companies will give you one, although be aware that you will probably pay a much higher rate of interest than you would otherwise
2007-01-16 22:23:42 · answer #4 · answered by Natalie B 4 · 0⤊ 0⤋
it depends what you are blacklisted for.
there are companies who will lend to people with a poor credit record but they charge much higher interest rates and sometimes require a guarantor for the loan.
2007-01-16 22:30:16 · answer #5 · answered by Anonymous · 0⤊ 0⤋
black listed from what?
2007-01-16 23:27:57 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Would you give you a mortage if you were black listed?
That's the idea of black lists.
2007-01-16 22:24:18 · answer #7 · answered by efes_haze 5 · 0⤊ 1⤋
http://www.midlandmortgages.co.uk/bad-credit-mortgage.htm
2007-01-16 22:21:49 · answer #8 · answered by minty 4 · 0⤊ 0⤋
No chance.
2007-01-16 22:19:43 · answer #9 · answered by Anonymous · 0⤊ 0⤋
sorry to say; no.
2007-01-16 22:18:53 · answer #10 · answered by Anonymous · 0⤊ 0⤋