Own fixer-up rental property with bad credit using the FHA 203K Renovations Mortgage Loan. It’s easy to qualify with a required credit score of 580 and 3.5% down payment.
NACA makes homeownership possible for people with credit problems. No downpayment is required plus you get an “A” credit loan interest rate.
Purchase a home with the help of an FHA Loan, they are generally easier to obtain because FHA can help a consumer qualify with credit scores as low as 500.
Foreclosure can be a traumatic event and unfortunately, too many Wells Fargo borrowers have experienced foreclosure. But foreclosure can be an opportunity for a fresh start and here is how to rebuild credit after foreclosure.
Rapid Rescore is a service used by lenders and mortgage brokers to update or increase credit scores in as little as 72 hours! Credit report errors can be quickly corrected, balances can be updated quickly and new scores generated in order to qualify for a mortgage loan.
You can become a homeowner with a 500 credit score home loan by working with an FHA Lender. The Federal Housing Administration (FHA) is the largest insurer of mortgages on single family and multifamily homes. FHA can get people approved for a 500 credit score home loan because they provide mortgage insurance on home loans made…
A charge off was showing your credit reports without notification can be shocking. But is it a mistake or can a HELOC be charged-off years later after a delinquency.
FHA loans are not always the best option for mortgage loans but they may be the only option when you have imperfect credit. There are many benefits to FHA.
A survey by FICO, the most popular credit scoring system, says the top reason homebuyers get denied is due to debt-to-income ratios, not credit scores. It’s rare to get a direct view into how lenders see borrowers. When researchers asked a representative sample of what single factor in an application makes them most hesitant to…