How can I get a mortgage under the circumstances?

Submitted by susanmalone1958 on Fri, 08/06/2010 - 21:23
Forums
Credit repair

I am disabled and had to consolidate my school loans. Subsequently they appear as "discharged" on a recent credit report. My credit score is 576. I have two department store credit cards in good standing and a payed off bank loan. I would like to get a USDA Direct Loan but the school loans are prohibitive. What do I do?

Aaron

Hi susan,

Welcome to this community :)

Subsequently they appear as "discharged" on a recent credit report.

Did you file bankruptcy? Generally debts get discharged in bankruptcy. If not, have you finished paying off the loans through consolidation?

I would like to get a USDA Direct Loan but the school loans are prohibitive.

Please let me know what exactly do you mean by this? Why will the school loans be prohibitive?

Thanks,

Aaron

Mon, 08/09/2010 - 04:33 Permalink
Susan M. (not verified)

No I have not filed bankruptcy nor have I paid off the indebtedness. I don't know why it shows "discharged." Thank you for helping.

Thu, 08/12/2010 - 01:19 Permalink
Aaron

Hi Susan,

I think you should dispute this information. You can first inquire into this with the credit bureaus.

Thanks,

Aaron

Thu, 08/12/2010 - 11:50 Permalink