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Updated over 8 years ago,
Can a pending misdemeanor prevent you from getting a mortgage?
Greetings,
I am currently in the process of purchasing a rental. I was just notified as my contract went into underwriting that I need to clear this case I have against me before we can proceed with the mortgage by the title company.
The issue is, this is a criminal case that I was planning on pleading not-guilty too. I haven't even had a pre-trial yet to say that I plead not-guilty, let alone go to trial and explain my case. I spoke with both the courthouse and my attorney and they both said this was peculiar and shouldn't be preventing me from getting a loan. Has anybody else heard anything like this? It just seems like being charged shouldn't be enough to prevent you from getting a loan since I haven't even made it to court yet.
Thanks for taking the time to reply!