2nd Mortgage Story

My sister is trying to become a mortgage lender under the water in second place with her. Applied to all payments. Be a solution for less than the total value of notes affect your credit? And if she received a short sale of your home? This is a short sale affect credit? Of course, affect your credit. Short sales are on credit, too. Whenever you do not respect the terms of the original note, this may affect the credit rating. The lender will probably report on his clothes, who "settled for less than full balance" and the lender probably with a new loan to avoid like the plague. A short sale of the house had something to do with the creditor, unless it has received full payment, in which case the same result as above. Good luck!