2007-08-22 03:15:13 · 4 answers · asked by joel l 1 in Business & Finance ➔ Credit
Jehovah's Witnesses do not do as this questioner pretends.
http://watchtower.org/e/20000622/
2007-08-22 09:33:27 · answer #1 · answered by achtung_heiss 7 · 1⤊ 0⤋
What you are talking about is not a specific loan for a religious group. It's called "alternative credit" for people who want to buy a house, but have NO credit score. Note that it's not for people with a LOW credit score.
Let's say a 20 year old has never had a credit card, bought a car on credit, etc. They want to buy a house now, and have NO score. If they have paid their mobile phone bill, water bill and electric bill on time (say at an apartment they rented with a friend), then they might be able to get an FHA loan.
Call a loan officer that does FHA (not all do).
2007-08-26 01:39:22 · answer #2 · answered by teran_realtor 7 · 0⤊ 0⤋
Honestly I have no idea what you are talking about. I am a Witness, and personally never even had a home loan. There is certainly no prefered type of home loan for a Christian to get, that I know of. If a specific Witness you know uses a specific type of home loan that you want then you should ask him or her.
2007-08-23 06:59:27 · answer #3 · answered by Ish Var Lan Salinger 7 · 1⤊ 0⤋
there is no religious denominational bank. most major lending corporations do have programs where you can establish what is known as alternative credit to help you obtain a home loan. i know 5/3 bank does this.
2007-08-22 04:40:30 · answer #4 · answered by macy 3 · 1⤊ 0⤋