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Is there a better company than DiTech.com to get a home loan if your credit is not good? PLEASE HELP?

home mortgage loan credit
soonerfan0808 asked:


DH has bad credit(over 500 in a credit score) and we are looking for a home loan. We currently pay a mortgage payment through a relative who owns the house and we definately can afford the payments. Can you suggest a different company??
Thanks

Bernard

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This entry was posted on Monday, October 27th, 2008 at 10:31 pm and is filed under Renting & Real Estate. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

4 Responses to “Is there a better company than DiTech.com to get a home loan if your credit is not good? PLEASE HELP?”

  1. Tree says:
    October 28, 2008 at 6:23 pm

    Yeah you can crappy credit and get a loan from

  2. rainchaser77 says:
    October 30, 2008 at 4:29 am

    My DH and I are using Countrywide. Try your bank. If you belong to a credit union, that’s even better.

  3. jafnarf says:
    November 1, 2008 at 11:35 am

    Suggestion #1
    Look for a local mortgage broker or banker. They have access to lenders from all over the country.
    Suggestion#2
    New Century mortgage or Greenpoint mortgage(look them up on the web)

  4. Kevin B says:
    November 2, 2008 at 5:39 am

    Talk to a local mortgage broker. They have access to the programs that the “.com”’s have plus tons more. I know for a fact that local mortgage brokers can lend down to a 500 score on the same programs the internet brokers use.

    If you’re buying the home you live in ask your loan officer about a “Gift of Equity”. A local loan officer can go over your credit report with you. They’ll offer suggestions to improve your credit. Since they don’t have people from all around the country calling them, they are usually much more accessible and convenient.

    Take the time to learn more about the process. Check out my blog to find out what a mortgage broker does and how you can help yourself get a better loan:

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