Comments on: Will a bank check for judgements on court records when applying for a mortgage?

By: Irish Eyes

Irish Eyes — Sun, 31 Jan 2010 19:40:59 +0000

The bank will not lend to someone that has an open judgment. Even if it is not showing up on your credit report, it will show up on the title search. Part of the title search is pulling anything associated with your social security number and name. At that time you will either have the opportunity to pay it or the loan will be denied.
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By: Erica J

Erica J — Sun, 31 Jan 2010 19:06:59 +0000

Anything pertaining to debt is listed in ur credit report or public records. Once they run your social they can find anything. Now the question is, have u checked your credit report with all 3 credit reporting agencies? Its been my experience that what shows up on a report from one agency may very well have been reported to another. I seriously doubt that a debt in that large an amount has slipped under the credit radar. Check Experian, TransUnion and Equifax.
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Personal experience

By: taximomuv3

taximomuv3 — Sun, 31 Jan 2010 18:24:59 +0000

If it's not showing up on your credit report, then the title insurance/escrow company MIGHT find it when they check for any liens & judgements before issuing title. If they find it, you'll need to pay it or have proof it was cleared before the loan can close.
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