This individual was looking to refinance her mortgage to pay for renovations to her roof and garage after a heavy storm destroyed the shingles and caused flooding, which wasn’t covered under her home insurance policy. However she were unable to do so through a traditional lender due to her recent credit history.
Lendmax was contacted by a mortgage broker on behalf of this individual who explained her situation. We were informed that her father had become ill just after losing his job. Without his company insurance, he was unable to pay for the medicine and equipment he needed. As his only child, this individual paid for the necessary supplies only to subsequently lose her job shortly after his recovery. As a result, some medical bills went unpaid, blemishing this individual’s credit score. It had been over four years since this occurred, and since then this individual was once again gainfully employed and paid the entire balance of the overdue medical bills. Her credit score, unfortunately, still showed these events.