2006-09-21 12:11:39 · 4 answers · asked by constance h 1 in Home & Garden ➔ Other - Home & Garden
The only way to cure bad credit is to wait it out and clean it up. After another year, in which no bad marks appear, most creditors will give you another chance, if you can explain why you had trouble before, and what you have learned from the problem.
Go to a Consumer Credit Counselor, take their course in paying bills on time. They may even be able to help you get your bills paid off. Give yourself time, and you can get a mortgage eventually. If you push for it now, you will be locked into a high interest rate. Nobody wants that.
2006-09-21 12:15:35 · answer #1 · answered by mia2kl2002 7 · 0⤊ 0⤋
go to your local Housing Authority department. They have a program for first time home buyers. It does not matter your credit. You can also find information on their website.
just type your state and then Housing Development Authority and it will show you the link.
But it is best to just go to the office and get answers face to face
good luck
2006-09-21 19:27:40 · answer #2 · answered by Winter D 2 · 0⤊ 0⤋
as long as you have decent income you can purchase a home with not so good credit you will just have a higher interest rate
2006-09-21 19:13:21 · answer #3 · answered by Anonymous · 0⤊ 0⤋
I went through the bank where I have a checking account since I already had a relationship with them. I did talk to several other lenders before deciding on that one.
2006-09-24 04:27:45 · answer #4 · answered by KIT J 4 · 0⤊ 0⤋