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2006-08-09 11:20:20 · 4 answers · asked by Windsor 1 in Business & Finance Renting & Real Estate

Live in Canada

2006-08-09 11:20:36 · update #1

Live in Canada

2006-08-09 11:21:08 · update #2

4 answers

No matter how bad your credit, you can get a mortgage. You can do it this year by paying a very high interest rate, but the interest rate could be higher than your appreciation rate, not really getting you anywhere financially. Another alternative is to establish a relationship with a local mortgage lender (never use online mortgage lenders due to high fees) and explain your situation. They can show you how to "earn" a good interest rate mortgage in no time!

2006-08-09 11:32:17 · answer #1 · answered by charlottesville101.com 2 · 0 0

I work for United Lenders Group and I work with over 45 different banking companies so I could get you a mortgage loan no matter how bad your credit is or how much in debt you may be
916-860-0804
keyon

2006-08-10 12:45:30 · answer #2 · answered by Keyon F 2 · 0 0

You and I are in the same boat. I live in Northern Cali. I pay $1350/mo and I have a special needs child. I would love to have a mortgage but of course in my area, most people's mortgages would be considered low to pay what I pay in rent. I know a couple that pays $3100.00 a month.

Have you tried quick loan funding? They run an infomercial here often.

2006-08-09 19:41:59 · answer #3 · answered by transplantedva 1 · 0 0

There is a company that works with people that have low credit scores. It's called the sub market and have hundreds of lenders they work with. I have really bad credit and was still able to qualify for a loan for $135,000. You can check them out online at
www.lowrateapprovals.com/11545 . They are really nice and very helpful

2006-08-09 18:30:14 · answer #4 · answered by Candy 1 · 0 0

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