Where Can I find a first time buyers mortgage if my credit isn't great?
I have been looking for a $100,000 mortgage to buy a house and clear off some bills. I have put surrounded by a couple of applications and I am not getting any positive responses. I have no idea what i could be doing wrong. surley its not my credit because I know family who have filed for bankrupcy and still be able to buy houses. I know my credit isint perfect but it it isint bleak either. I dont know what to do, please give me the nickname and website of companys that might be able to help me.
Answers:
I would check out your credit score a moment ago to be on the safe side. And then herald to a FHA mortgage. There are many programs for first time buyers. Good Luck!
If you were ever in the military you might qualify for a VA loan, which requires no downpayment and they don't put as much cargo on the credit score.
Any lender who turned you down for a loan should be able to relay you exactly why. It could just be that your debt-to-income ratio is too high (you formulate $5000/month but you have $4000 in bills.) Ask them to explain to you what you need to do to get the loan. They want your business, they'll convey you!
My husband is a loan officer for Home Funds Direct. If you want to email me after I can give you his name and his phone number so that you can contact him. He can probably support you out cause they deal next to people that don't have superlative credit. My email is angeljre(a)yahoo.com
Contact a realtor. Ask them about FHA's they own lots of programs available. Look FHA's up on the Internet as well.
Best of luck
NationPoint.com
This company has assisted me in locating a First Time Homebuyers Purchase Loan for $125.000 within NJ. I don't have terrible credit, come to find out, but it is not great. Also, my rates are relatively good, in such a competitive flea market.
Of course, you would want to speak with a loan officer. My Loan Officer is:
Anthony D'Avanzo
Senior Loan Officer
Main:(800)770-4277 ext. 7580
Fax:(949)829-7880
anthony.davanzo(a)nationpoint.com
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Answers:
I would check out your credit score a moment ago to be on the safe side. And then herald to a FHA mortgage. There are many programs for first time buyers. Good Luck!
If you were ever in the military you might qualify for a VA loan, which requires no downpayment and they don't put as much cargo on the credit score.
Any lender who turned you down for a loan should be able to relay you exactly why. It could just be that your debt-to-income ratio is too high (you formulate $5000/month but you have $4000 in bills.) Ask them to explain to you what you need to do to get the loan. They want your business, they'll convey you!
My husband is a loan officer for Home Funds Direct. If you want to email me after I can give you his name and his phone number so that you can contact him. He can probably support you out cause they deal next to people that don't have superlative credit. My email is angeljre(a)yahoo.com
Contact a realtor. Ask them about FHA's they own lots of programs available. Look FHA's up on the Internet as well.
Best of luck
NationPoint.com
This company has assisted me in locating a First Time Homebuyers Purchase Loan for $125.000 within NJ. I don't have terrible credit, come to find out, but it is not great. Also, my rates are relatively good, in such a competitive flea market.
Of course, you would want to speak with a loan officer. My Loan Officer is:
Anthony D'Avanzo
Senior Loan Officer
Main:(800)770-4277 ext. 7580
Fax:(949)829-7880
anthony.davanzo(a)nationpoint.com
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