If i own a credit chalk up contained by the 500's and co signer 750 what can i hope for on my mortgage loan?
I know my mom had excellent credit she only have one small bill unpaid on her credit that she had to pay until that time she could purchase a home, and she had excellent credit, But I believe anything lower than 600 is really difficult, but not impossible, there are programs for lower credit score but you'll have a higher interest rate...hope this help...good luck, Kimberly
NO instrument can you get a mortgage at this time as your score is necessary in the equation not just a co signer. The certainty that any one knowingly would sign for some one who does not pay their bills in good time tells me they love you very much or they are only plain stupid
http://www.mortgagenewsdaily.com/wiki/Qu…
They will usually rate the mortgage based on the lower credit score regardless of the co-signer.
*But anything below 620 for a credit score will make it nearly impossible even if a co-signer is available. (in the link)
Not good since YOUR poor chalk up will be used to determine eligibility and interest rates.
You should be able to get a atmosphere risk mortgage loan with a cosigner. I would try to get it on my own first. Sometimes beside a co-signer there are reprocussions. Source(s): I have have experience dealing with a co-signer. And it was bleak!! Please try to do your own thing first.
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NO instrument can you get a mortgage at this time as your score is necessary in the equation not just a co signer. The certainty that any one knowingly would sign for some one who does not pay their bills in good time tells me they love you very much or they are only plain stupid
http://www.mortgagenewsdaily.com/wiki/Qu…
They will usually rate the mortgage based on the lower credit score regardless of the co-signer.
*But anything below 620 for a credit score will make it nearly impossible even if a co-signer is available. (in the link)
Not good since YOUR poor chalk up will be used to determine eligibility and interest rates.
You should be able to get a atmosphere risk mortgage loan with a cosigner. I would try to get it on my own first. Sometimes beside a co-signer there are reprocussions. Source(s): I have have experience dealing with a co-signer. And it was bleak!! Please try to do your own thing first.
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