caroline1409f1
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Try going through a broker. I thought I might have problems due to an ex boyfriend who I had a joint mortgage with. Thought I would end up with an unorthodox mortgage but the broker got me a great deal with a high street lender. Was well chuffed. Good luck. |
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cjkloanguy@yahoo.com
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pretty easily, I would have to look into, but almost always possible. Will it make sense? That is something you would have to look over.
cjkloanguy@yahoo.com
chris 916-224-4761 |
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Caam
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there are many lenders who lend to people with bad credit scoring but be prepared to pay at higher interest rates. |
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ar7
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I am in a similar position to you. I got my mortgage through the "mortgage Hypermarket". But be prepared to pay a higher deposit (I had to have a 15% deposit, but I am classed as bankrupt).
They are really good.
Good Luck! |
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D
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get a credit rating done then go to Abbey they are helpful i got a mortgage with them when i was only twenty and a low earner |
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Gypsie
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Moneyquest mortgage brokers on-line can find you a mortgage lender for people with bad credit.....you may need a bigger deposit than usual ...depends how many defaults or ccj's you have. Definitely worth calling though...they will find you something and there service is free. |
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Tabbyfur aka patchy puss
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You can either pay off your debts and improve your credit rating or you can go to one of those loan shark companies and pay over the odds on interest.
Contact all the companies that you owe money to and start making amends. It may seem a long way off until you are in the clear but it will be worth it. Don't rely on any debt consolidation company as they do not help.
I'm speaking from past experience. |
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natl7788
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depends how much debts you have speak to a finanacial adviser and they will explain all your options |
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BRYAN D
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lie! |
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Life after 45
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Find an assumable mortgage/loan, or find a no-qualifying home for sale.
Other good alternatives and resources are:
http://www.americanhomepartners.com/
http://www.habitat.org/
http://www.hud.gov/ |
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jez
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lol thats a good question! i think you need to think about it more though before you ask other people |
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**tomtom
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Most people have debts.
Mortgage amount is based on your income/expenses.
Normally it is 3 to 4 times of your earnings and they will look at your outgoings including outgoings on present debts.
Ask your bank or buidling society. |
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oohbetty
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I've got a similar problem and saw an advert on the TV called moneysupermarket.com. It gives you loads of professional advice and compares mortgages too. Worth a try. |
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sarell
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Yes you can just keep trying the brookers they will check for you just be honest and that will get you results in the end. |
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dianafpacker
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self cert |
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Matt J
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Easy
http://www.diversifiedlender.com/
http://www.minnesota-mortgage-rates.net/ |
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INACTIVE
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It's your debt to income ratio that determines your mortgage chances not your debts. Do you pay them on time? It's more a question of your credit score than your budget. Try applying for a mortgage pre-approval with a bank to determine what you can get and at what interest rate(s). You can shop around but do them all at once. Too many inquiries will lower your score. Just remember that what a bank tells you that you can afford may not be what your wants/needs will permits. Let's say you pay $1200 a month in rent now. Your new mortgage may be $1100 a month plus taxes, insurance, home repairs, etc. Subtract your projected housing expense from your current expense and save that every month for six months on the 1st day of every month. If you have not tapped into that saving accounts then you can afford the home and will have a nice downpayment. If you find yourself "needing" that savings account, don't go for the mortgage... you cannot afford it. It's not just the amount of the mortgage to consider but associated costs. If you needed a lawn mower or a hot water tank, do you have the money (not credit) for those things??? Consider a 15 year mortgage over a 30 year ... and don't consider anything but fixed rate. |
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candyfloss
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normally yes because but sometimes at a higher interest rate there are loads of companies that specialise in bad credit or even ccj's. |
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ag
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depends on the debts but my advise would be clear your debts first then try and get a mortgage |
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the black crab
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squat a nice property |
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