Agree with David Hawke on this one. In my opinion your best shot at getting this refinanced will be with a portfolio lender, and a retail bank with local roots in the community.
You will need to input 2 years of residence history. If you lived 1 place or 10 during that time, underwriting will need a full 2 year history.
580 will get you an FHA loan with 3.5% down. Anything lower then that you will be required to put down 10%Focus on paying down your credit cards to 35% of the limit.If that is not what is holding your scores down, I would look to a Mortgage Loan Originator to help review your credit report and guide you to improve your scores.
Agreed. If you settle, or "reaffirm" the debt, they are going to be hitting you for all those late payments. Might be worth it to settle now, and take advantage of the favorable market conditions, increasing your equity position. More then likely, they sold your NOTE to a third party for pennies on the dollarm so that $20,000 debt was probably bought for $2000 or so. I would try and settle personally.
You will not be required to pay medical, and the student loans will need to be deferred 12 months from loan closing date, for you to omit them from your Debt to Income Ratio
I would contact a local mortgage broker in your area.5-10 financed properties is the programThis would be a wholesale product offered through the broker channel.You will probably be capped at 70% LTV