 What should i do to make $ 800 within 2-3 months? |
| I'm 11 and live in the suburbs the money is for a yorkie with chapion bloodliness and champion sired its six months old named francheska and is ... |
|
 Has anyone ever heard of landlords charging you for getting a background check done before renting to you? |
| I've never heard of this before, but they want to charge my girlfriend & I $100, so that they can get a background check done on the both of us before letting us rent from them. Is this a ... |
|
 How can you force the seller of the house out if they are not willing to move out on the agreed closing date? |
| We have a contract stating the closing date is June 28th. Now they say they can not move out until July 20th. We chose the 28th to accomodate them already. We will be staying with a friend in his ... |
|
 Is section 8 a degrading thing? |
Additional Details
I'm not on the program.. But my boyfriends mom is.. I see she lives in a ghetto type apartment complex. I think it's not so good. But it keeps many people ... |
|
 My 12 mo lease expires 07/3108? |
| I signed a new six month lease that goes into effect 08/01. I have since found a house, and have told the complex that I want the lease back and want to go month to month. They say no.... |
|
 Can my landlord go into my bedroom? |
| I received notification that my landlord was going to enter my apartment to change the filter in the furnace. I found out they went into my bedroom when their letter never notified me that they ... |
|
 Divorced mom if I die ex gets son but how do I leave my house to my son if there is a mortgage? he is only 16? |
| My son is slightly mentally disabled . I am going for risky surgery and If I dont make it my ex gets my son. I would like to leave my son the house but it has a mortgage and I dont think my death ... |
|
 What to consider when buying a house? |
| I would just like a basic list of things to consider when thinking about buying a house. My boyfriend and I and his 4 year old daughter need a bigger place..we're currently living in a sardine ... |
|
 Can you sue a realtor for bad advice and withholding information? |
| After months of not selling our property, we decided to rent it. As soon as we did, we told our realtor that we would no longer need his services. Mysteriously, an offer for full asking popped up ... |
|
 Is Now The Right Time To Sell My House Or Should I Wait till After Xmas?? |
| I am considering selling my house, should i do it now or should i wait untill after xmas??... |
|
 Should we move out of our house when we try to sell it? |
| We have tried to sel our house once when the market was good. WE hired a painter to paint the walls a nuetral color and we got our carpets cleaned and we rented a storege unit to store all of our ... |
|
 Can we withhold our last 2 months of rent? |
| Our land lord is a very difficult and hostile person. I don't trust her to return our security deposit. Can we withhold our last 2 months of rent which would be the same as the security deposit.... |
|
 I'm 19 years old, Should I buy a House or a Condo? |
| I need some advice on whether to buy a house or a condo....I want to own my own place and I have the money to do so, I won the Pick 6 NJ Lottery Jackpot!! (i really did) Anyway, I need your advice on ... |
|
|  |
zulugirl1976 | Can i get a mortgage with extremely bad credit? |
|
 |
 
mrdankeschoen
 |
There are several options available for you. The first and foremost question is what are you considering bad credit?
-Credit Score - There are lenders who will help you finance this home with a credit score down to 500
-Have you owned a home before - first time home buyers may qualify for discounted or below market rates providing they meet income and credit guidelines.
-Location - Where is the property located?
-Reserves - The amount of money you have in your bank account after buying the home.
-Income - Is it verifiable
You need to start by knowing what your credit scores are for all 3 of the credit bureaus (equifax, experian and trans union). This will give you a base to start shopping for financing.
As you are applying for financing you have 30 days to "shop" for a loan. During this time the credit inquires are not supposed to affect your score. This is not always the case.
I recommend you get you score from a site like myFICO.com and shop a few lenders first. Do not let them pull your credit. Send them a copy of your report if they need to see it. Most lenders can get you some estimates without pulling your credit.
Improve your score - Everyone’s situation is different. Some things you can do to improve your score are:
- Pay your bills on time
- Get credit balances below 75%, 50%, 35% of available credit
- Do not open any new accounts or apply for additional credit
- Do not close any accounts
- Dispute errors on your report
For more information on credit go to Fair Isaac's site (they created the credit score) www.myFICO.com
Be careful of a lender quoting you a price a lot lower than the others.
Once you are ready to get into contract on your new home, you will need to have at least one of the lenders pull your credit so they can process your approval.
While you are shopping for your new home do not make major purchases or run up credit card debt. This can have a drastic effect on your score.
~Danke Schoen
MrDankeSchoen@yahoo.com |
|
Amanda H
 |
If its below 580, you'll want/need a downpayment. |
|
bidia
 |
There are lenders that will arrange remortgages for people with bad credit rating. But remember that rates will be higher than those offered by other lenders. |
|
ed
 |
You may, with a high income, low debts, and a sizable down payment.
But, if that were true, you wouldn't have bad credit. |
|
Ms.loanofficer
|
I am a loan officer who can help determine if you are ready to purchase a home (as far as credit is concerned). How bad is your credit? E-mail me at eygriffin3000@yahoo.com |
|
eGuy
|
http://www.nohasslebargains.com/loan/id12.html
Home Equity Loans
Financial Services
http://www.nohasslebargains.com/loan/id3.html
Personal Loans
Financial Services |
|
Du Hast mich?
|
I accidentally deleted the email you sent me without reading it. I just didn't want you to think I was ignoring you. Also, you have to confirm your email address, I tried emailing you but it won't go through. |
|
charles m
|
Shoot me an email and we can discuss your situation. I am with a mortgage company. cmentesana@rmchomeloan.com |
|
stillhappy89
|
Yes but you will need a very very good down payment 20% an you will pay points out the A===== good luck |
|
da_hal
|
yes. as credit goes down, rates and restrictions go up while max loan decreases. |
|
pcheesewhiz
 |
You might be able to. I had some credit problems when I developed multiple sclerosis, and my credit rating really dropped. Four years afterward, my credit was still not great, but I was approved for a mortgage at a very high interest rate. So to answer your question, you still might be able to, but the interest rate may be sky high. And of course you won't be able to get a conventional mortgage from a bank. You'll have to look in the phone book for a mortgage company. If you can borrow the money from a friend or family member, you would be far better off. Good luck to you. |
|
Piffle
 |
not easily |
|
ken_murkot
|
It's a lot harder to do.
You can expect to have to pay a larger down payment and a higher interest rate.
Sometimes a good mortgage broker can help you, but they charge on top of everything else.
Another choice is to get an owner financed house, or even a "rent to own" agreement, where part of your rent is put aside toward the downpayment, so that you can build a downpayment up as you rent the place over a period of several years. |
|
Searchlight Crusade
|
It depends upon how bad "bad credit" is. I've had people with 740 scores and higher tell me they've got rotten credit!
Under 500, you've got to go hard money. Rates of 13 percent and higher, minimum down payment of 25%, probably more.
If you've got a 580 and can prove you make enough money, you can get 100% financing. Maybe as low as 560. Of course the rates could still be better, to say the least.
The better your score, the more of a down payment, and the better documentation of a stable income you have, the less risky your loan and the better the rate. Once you get above 720 score and twenty percent down, and proving your income in the same line of work for two years, that's as good as it gets.
More in depth explanation here:
http://www.danmelson.com/posts/1147465405.shtml |
|
Angeline
|
Utilize all your resources on the internet also. There are many sites which provide information to help you increase your credit rating. Try this one: http://www.equity-network.info. Lots of good information and articles. |
|
girl
 |
Read some useful tips on mortgage and credit on this site to help you with it |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
16 | 35 minutes(s) ago
| | | |
15 | 3 hour(s) ago
| | | |
18 | 8 hour(s) ago
| | | |
17 | 1 day(s) ago
| | | |
16 | 3 day(s) ago
| | | |
16 | 4 day(s) ago
| | | |
16 | 6 day(s) ago
| | | |
16 | 1 week(s) ago
| | | |
17 | 2 week(s) ago
| | | |
16 | 1 month(s) ago
| |
|
Homepage 
Financial
Forum 
Renting & Real Estate 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
