Tips for getting a mortgage near party credit/no credit:??
Answers:
get with a broker first. Get prequalified to buy. after go shopping for your home. Make sure they are FHA /Va qualified as well as adjectives other lending fome Fannie to sub-prime. If you are in TN of Ky I can minister to you.
www.countrywide.com
They are one of the largest lenders in US. They have special programs for low/no credit.
Best of luck
Select a house that is in your credible price range - 2 - 2.5 x your annual salary.
Find a realtor. Your realtor is more used to these situations and can go and get you in contact with a reputable loaner who will agreement with people beside a tarnished credit history.
Also, be prepared to pay off EVERYTHING that you own outstanding and written off. You'd be surprised, but even people next to great credit find out some weird dings when they buy another house (I found out I had a departed over newspaper bill from six years previous!).
Be prepared, though. It may cost you quite a bit of money at first for PMI (mortgage insurance) until you build up some credit and equity. Once you own the equity in the house, refinance (don't get extra money!) at a lower rate and get hold of rid of the PMI.
Your choice of lender will save you a ton of time, headache and frustration. The following site has a great free mortgage quote center so that you can see what you qualify for and make an informed ruling. Source(s): http://www.step-by-step123.com/the-loan-…
Email me and I can minister to you out because I can't help you on here or someone will report me.
I would love to help but I would get violated for trying to support.
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