You searched:
“can I get a mortgage after debt settlement”
Settling debts for less than owed is a smart financial move, but it does leave marks on your credit. The good news is that settled debts are viewed more favorably than unpaid ones, and programs exist that can work with your situation.
Take a breath. Help is here.
- You are not alone -- thousands of people search this every month
- Real options exist for your specific situation
- No judgment -- just honest guidance from licensed professionals
We've Helped Others in Your Situation
Why This Happens
Understanding the common reasons -- and knowing that each one has a path forward.
- 1Negotiated settlements left settled marks on creditSolution exists
- 2Credit score dropped after settlement reportingSolution exists
- 3Multiple accounts show as settled for lessSolution exists
- 4Confusion about how settlements affect mortgage eligibilitySolution exists
There's Always a Path Forward
Being denied feels overwhelming, but it doesn't mean your homeownership dream is over. Our specialists work with challenging situations every single day.
Your Options Right Now
FHA After Settlement
FHA does not require settled accounts to be reopened or paid in full. Your current score and payment history matter most.
Available nowWait for Score Recovery
Credit scores typically recover 12-18 months after settlements are complete. Many borrowers reach 620+ in this timeframe.
May take timeNon-QM Manual Review
Non-QM lenders evaluate the full picture including your settlement decisions and current financial strength.
Available nowTalk to someone right now
No automated menus. A real licensed mortgage professional who understands your situation.
(248) 864-2200Settled your debts? Let us help you settle into a home.
Start Your Application
Takes about 5 minutes. No obligation. No credit check until you are ready.
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Frequently Asked Questions
No. FHA and most programs accept settled accounts. What matters is your current credit score, payment history over the last 12 months, and overall financial stability.
There is no mandatory waiting period for debt settlement like there is for bankruptcy. Once your credit score recovers to program minimums, you can apply.
It depends. Settling can temporarily lower your score. Consult a loan officer before settling to understand the timing and impact on your application.
Settled your debts? Let us help you settle into a home.
We will reach out at a time that works for you. No pressure, no obligation.