Is a 0 down mortgage possible for someone beside a credit mark of low 500's? name populace...lol?
I am in a contract....need to purchase a home by april....coming out of a divorce and my credit have took several wrong turns.....and possibly ones that were'nt even there..lol
Answers:
it will be hard to qualify and if you did, the rate would be high.
Yes, it is possible.... it is difficult, but it is possible. I am a Mortgage Planner from the California Bay Area and I would close to to see what I can do for you. If you are local, start by filling out this form:
http://www.realty-guru.com/Pre-Approval
Once I have your elementary information, I will follow up with you in the subsequent couple days to get the information I will need surrounded by order to negotiate with the bank.
hook yourself up w/ a mortgage lender that can help you repair your credit. It'll whip a few months (maybe up to a year) but will pay off.
Sorry, but I suggest it is going to be difficult to get approved. I think the best bet is to find a mortgage broker who have some experience in this area. But you enjoy to be carefull with prepaying for applications or other charges, and make sure you read adjectives the terms and conditions.
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Answers:
it will be hard to qualify and if you did, the rate would be high.
Yes, it is possible.... it is difficult, but it is possible. I am a Mortgage Planner from the California Bay Area and I would close to to see what I can do for you. If you are local, start by filling out this form:
http://www.realty-guru.com/Pre-Approval
Once I have your elementary information, I will follow up with you in the subsequent couple days to get the information I will need surrounded by order to negotiate with the bank.
hook yourself up w/ a mortgage lender that can help you repair your credit. It'll whip a few months (maybe up to a year) but will pay off.
Sorry, but I suggest it is going to be difficult to get approved. I think the best bet is to find a mortgage broker who have some experience in this area. But you enjoy to be carefull with prepaying for applications or other charges, and make sure you read adjectives the terms and conditions.
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