Posts Tagged ‘First Time Home’

What is a good way to get a mortgage loan for a first time home buyer with bad credit?

Tuesday, August 26th, 2008
home mortgage loan credit
neworleanshawtie asked:


I have paid off all delinquent things on my credit report and all I have on there is my carnote and my student loan which are both in good standing. I still have a low credit score which is what is damaging me right now. Any suggestions of lenders or companies that can assist me with purchasing a home?

William

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Posted in Renting & Real Estate | 9 Comments »

How do first time home buyers with less than perfect credit get a loan? NO MORTGAGE BROKERS RESPOND , PLEASE?

Thursday, June 5th, 2008
home mortgage loan credit
outtahere asked:


We want to help my nephew buy our little condo. He and his wife pay 800/month rent now and probably can’t afford much else.. We would sell it to them for 142,000. We don’t want mortgage brokers to contact us….we just want information on the types of special loans available to first time home buyers (low interest rates, etc). Could they afford to do this with very little or no money down?
Thanks in advance!
By the way, we don’t own it free and clear. We have a loan on it now and our payment is around 800/month but we put quite a bit down.

Florence

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Posted in Renting & Real Estate | 5 Comments »