2006-06-13 07:00:57 · 13 answers · asked by star b 1 in Business & Finance ➔ Renting & Real Estate
tell me where do you live and I'll see if there's an office near you
send me an email daydream_ace@yahoo.com
2006-06-13 07:08:39 · answer #1 · answered by someonelikeyou 2 · 0⤊ 0⤋
How low is your credit?
If you are a first time homebuyer without any mortgage history, your credit score is expected to be lower than a homeowner. The average credit score is mid to low 6's because the mortgage "trade" is weighted much heavier than a revolving trade/credit card. Additionally, a mortgage late will drop your credit score about 100 points while a credit card late will only drop your credit score about 30-40 points.
Therefore, you will find many lenders who will do 100% financing with not so perfect credit.
Let me know if you need any advice, Lisa, lgewelke@hotmail.com ;)
2006-06-13 23:39:30 · answer #2 · answered by LiLiLA 2 · 0⤊ 0⤋
Is it for a refinance or a purchase? For a purchase, all you need to do i s fin d a house with enough equity in it and use the equity as your down payment. The worse your Credit the more equity you need to find in a home.
2006-06-13 14:05:02 · answer #3 · answered by Ryan P 2 · 0⤊ 0⤋
Try a mortgage broker. They have access to different lenders who have various programs for people with credit issues or you can always try someone like Lending Tree.
2006-06-13 14:09:53 · answer #4 · answered by kim36867 2 · 0⤊ 0⤋
Try a Mortgage Broker in your area. They will have access to many different types of programs, some of which may suit your needs. (If you live in Tennessee, I can help.)
Also, try asking your Real Estate Agent, they usually can direct you to a reputable Mortgage Broker. (Again, if you live in Tennessee I can help. I do both.)
2006-06-26 22:54:03 · answer #5 · answered by gmommy 3 · 0⤊ 0⤋
See a Mortgage Banker.
2006-06-25 23:16:31 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Consult a loan shark.
2006-06-13 14:02:25 · answer #7 · answered by Joe K 6 · 0⤊ 0⤋
try www.foreclosures.com, and there is a link on there for zero down, that is who I am dealing with right now. 100% financing and zero down, they work fast on getting you prequalified, and they help you replenish your credit.
good luck
2006-06-20 14:28:23 · answer #8 · answered by keke16 1 · 0⤊ 0⤋
try a credit union if you have one in your area
2006-06-13 14:03:26 · answer #9 · answered by Fallon 1 · 0⤊ 0⤋
If you are anywhere in CA I can help.
2006-06-26 01:54:00 · answer #10 · answered by mangenteng 1 · 0⤊ 0⤋