but my credit score is 530. i can't seem to qualify for goverment loan. is there any other way i can qualify 2 purchase my dream home???
2007-03-07 15:28:10 · 3 answers · asked by its_me 1 in Business & Finance ➔ Renting & Real Estate
You have many more options from a seller 2nd to hardmoney lenders and more. Check out the free evaluation form at the source website. It takes about 30 seconds and a loan officer from their nationwide network will contact you within 24 hours. Good luck.
2007-03-08 01:50:45 · answer #1 · answered by CALIFORNIA GOLD 3 · 1⤊ 0⤋
The only other option you have is what's called a seller carryback.
Basically this means that the seller becomes the lender for you and you pay him as if you were paying the bank. Then in a few years you have enough equity to make a downpayment.
Contact a Real Estate Attorney if you are interested and they will walk you through it.
2007-03-07 15:33:35 · answer #2 · answered by ValleyR 7 · 0⤊ 0⤋
You know hun. Its a great chance. You need to dig deeper talk to many banks. The local small ones. talk to them.
I really will pray for you that is all i can do I searched for sometime and I did not find anything
2007-03-07 15:38:30 · answer #3 · answered by Xtrax 4 · 0⤊ 0⤋
remenber,if its too good to be true it usually is.
sounds odd.
2007-03-07 15:32:30 · answer #4 · answered by Anonymous · 0⤊ 0⤋