2006-09-16 13:24:43 · 11 answers · asked by mphsgal 1 in Home & Garden ➔ Other - Home & Garden
pick up the banker at the soccer game
2006-09-16 13:26:33 · answer #1 · answered by chip33302 3 · 0⤊ 0⤋
Maybe you should consider another option. Perhaps you could do some research into renting to own. That way you wouldn't have to deal with a mortgage broker, but the home owner. Be wise and have someone with real estate knowledge such as an attorney help you though before you sign any kind of a contract. Never sign anything without having your attorney look at it first. You might look into Legal Aid in your city to see how you can be helped with the legal issues. Habitat for Humanity would be worth checking into also.
2006-09-16 20:12:59 · answer #2 · answered by willow 2 · 1⤊ 0⤋
you want her to fulfill your dream. Nowhere do you assert she needs this, you assert it really is time for her to purchase. She owns a house in DR so why do you assert it really is time for her to personal a house? She does personal one. No way her rankings were raised 2 hundred factors in 3 months...and also you probably did it? not achieveable. I take care of credit topics each day & i recognize this isn't achieveable except there develop into quite some credit on the document that wasn't hers. 3 months with secured playing cards would not advance rankings. And 5 years isn't a short history if she has had credit for that lengthy. there are quite some exceptions to both years employment requirement so as that could want to nicely be the least of the topics. enable her settle on what she needs to do about buying a house. If she sells her abode in DR be positive she keeps a paper path.
2016-11-27 19:27:41 · answer #3 · answered by ? 4 · 0⤊ 0⤋
it's in your credit history that you don't pay your bills or meet your obligations where money is concerned, the banks all look at this. If you got qualified by a bank for a home, chances are they will need a substantial amount down from you, probably 20-30%....good luck, and if you can hang on for a bit longer, pay off what you owe and start rebuilding your credit in your creditors eyes.
2006-09-16 13:28:59 · answer #4 · answered by misselliet 4 · 0⤊ 0⤋
It's almost impossible. You need to build up your credit score. Talk with a mortage banker and get some advise on what you need to do. You will want to get a copy of your credit report before talking to them. If you have bankrupcy on your record, usually after 4 years you may be able to get a mortage, if you have maintained good credit. I know it's difficult, but keep trying. God Bless.
2006-09-16 13:31:52 · answer #5 · answered by Rea 3 · 0⤊ 0⤋
depends on your other circumstances. there are FHA programs out there designed specifically for first time home buyers or low income families. I don't assume that you have low income , but if you don't, know these programs have income limits.
if you have a property in mind, you can
check out http://www.savingslife.com
to get some quotes for mortgages from multiple lenders/brokers.
a credit check wont be done so it certainly cant hurt.
2006-09-16 21:29:11 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Lenders will look at your rental history more closely than the other stuff, but you will pay a higher APR. I know someone that filed bankruptcy and got a mortgage the very next year.
2006-09-16 13:46:40 · answer #7 · answered by mickeyg1958 4 · 0⤊ 0⤋
sometimes your credit is not as bad as you think it is - check with a mortgage company in your phone book - it will not cost you anything and they can tell you if you could get approved and if so, how much you can spend.
It is do-able - just find a mortgage person willing to work with you and advise you.
2006-09-16 13:28:38 · answer #8 · answered by Caroline H 5 · 0⤊ 0⤋
get your credit up first.
the only way i'm sorry..
2006-09-16 13:26:35 · answer #9 · answered by Anonymous · 0⤊ 0⤋
sure it won't hurt to apply
2006-09-17 11:40:32 · answer #10 · answered by Terri L 2 · 0⤊ 0⤋