Do underwriters check public records?
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Do underwriters check public records?
All lenders do a national public records search and even though public records are not posted on credit reports, they will find out about it through the public records data base.
Do mortgage lenders use Lexisnexis?
All third party search by mortgage lenders is done by hiring third-party vendors such as Data Verify or Lexis Nexis or some other third party search companies.
Can I buy a house if I have a Judgement against me?
You may qualify for a mortgage after satisfying your judgment. If you can, pay your entire judgment in full. Your credit report will be updated after the judgment gets paid. You probably won’t get the best interest rate and may need a larger down payment, but getting a mortgage will be possible with the right lender.
Do public records affect credit score?
Public records can impact your credit score in a variety of ways. In the world of credit reporting, public records can include bankruptcy, judgments, liens, lawsuits, and foreclosures. Anything that companies may consider a legal liability is a matter of public record. It will usually show up on your credit report.
