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.
FICO generates the most widely used credit scores. These credit scores are based on credit reports from three major credit reporting agencies: TransUnion, Equifax and Experian. The bank or mortgage company will check your credit reports and scores and so should you. Mortgage lenders are looking for credit scores that are at least 620 or above….
You can get approved for a mortgage loan with unpaid charge-offs. But even though FHA allows charge-offs some lenders may have stricter requirements.
Buying a home will probably be the most exciting yet agonizing time of your life. The process should not scare you away as long as you know what to expect. During the home buying journey the most exciting part typically centers on home shopping. Taking weekends looking at homes while imagining how you would decorate…
VA mortgage loan benefits help make home ownership possible for veterans who might otherwise miss out. VA loans do not require a down payment
Fannie Mae is making it easier for low- to moderate-income households to qualify for a mortgage loan. The HomeReady program, to be unveiled in December, will allow lenders to include income from nonborrowers within a household, such as extended family members, toward qualifying for a mortgage loan. Officials at Fannie Mae said their research indicated…