2006-06-13 11:29:50 · 11 answers · asked by scooter 1 in Education & Reference ➔ Financial Aid
the lottery
2006-06-13 13:31:41 · answer #1 · answered by dream1er75 4 · 1⤊ 0⤋
If you've got a good job and make 50k+ a year, then it would seem like, given a year or two, you could probably arrange to have money down and not so bad credit. If you couldn't, then you should deal with that problem first.
Assuming that you've found the house of your dreams, and need to buy NOW, then I'd recommend going through a mortgage broker - if anyone's willing to give you a loan, the mortgage broker should be able to find them.
Do an internet search ("mortgage broker" Canada), and you'll probably get many. In Quebec, TMACC is supposed to be pretty big.
2006-06-13 11:35:22 · answer #2 · answered by S Landis 1 · 0⤊ 0⤋
This should not be a problem! There are many mortgage loan companies out there now that will work with you and whatever your financial situation. It is easier to own a home today than it has been before! You may have to swallow a higher interest rate but if you shop around and stay in your budget you can find a company to loan you money. In fact there are companies out there that actually do the shopping for you. You may want to look into an interest only loan, where your monthly payment is small BC it is on payment on interest owed. If you get on Yahoo search engine and start searching "home loans" "home loans with poor credit" and such, tons of options will be found. I just bought my first home last year and I went with A-america M-middle C-class Mortgage company. They offered me a larger loan with a nice interest rate and then a smaller loan with a higher rate. So, it may take some time but you can get a house if you really want!
2006-06-13 11:43:55 · answer #3 · answered by Anonymous · 0⤊ 0⤋
I would check first with a credit union that you may belong to or could belong to. There are loans that are 80/20 where you essentially carry a 1st loan at 80% and a 2nd loan on 20% and then make a monthly payment on both. Also sometimes the seller may be willing to cover some of the closing costs as well.
2006-06-13 11:36:18 · answer #4 · answered by b1971 1 · 0⤊ 0⤋
I can help you get a mortgage. I work with a big direct lender/mortgage broker doing business in 48 states, and because the huge volumn of business we do, we get better rate than smaller brokers. We have over 200 loan programs to meet the needs of different situations, from good FICO score and good income and down payment, to poor FICO score and NO income (called "stated income") and NO down payment, so I will be able to find the program which best fits your needs. Contact me at xjuy@yahoo.com or 408-476-0455 and I can help you. Jessica
2006-06-16 12:45:42 · answer #5 · answered by Jessica 2 · 0⤊ 0⤋
Try working with the seller on a contract, for 2 to 4 years, then improve your credit.
2006-06-13 11:42:18 · answer #6 · answered by lyaser44 2 · 0⤊ 0⤋
There are tons of sites that advertise: Good Credit, Bad Credit, No Credit. It depends on where you live. I found one in my local yellow pages but I don't know where you live. Even if it says that, though, they still can't work miracles. It helps to save up until you have at least 3% to 4% downpayment. Good Luck!
2006-06-13 11:36:52 · answer #7 · answered by cherryred64gto 4 · 0⤊ 0⤋
call fidelity mortgage ask for tina berry the number is 717-848=5161 they have offices in other states as well but they can put you intouch with an office in your area and they work really hard to help
2006-06-13 11:35:39 · answer #8 · answered by Anonymous · 0⤊ 0⤋
there is a program you can go through to get a house. My credit sucks and I make only 26K and I moved into my new house last year. www.naca.com
2006-06-13 12:10:18 · answer #9 · answered by lpr747 2 · 0⤊ 0⤋
im the other way around, i have no job but excellent credit lol
try lending tree.
2006-06-13 11:33:33 · answer #10 · answered by pinky 3 · 0⤊ 0⤋
The property owner you are buying the property from.
2006-06-13 11:43:00 · answer #11 · answered by VALERIEA 1 · 0⤊ 0⤋