Financing in Murphy : Advice

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Hannah Flieg…, Real Estate Pro in Larkspur, CA
Hannah Fliegel answered:
our credit score has recently droped to anround 580. We have a excellent rental history and can show 2 yrs of it. Can we get financing anywhere?
Hi Sheila,

You might be able to qualify for an FHA mortgage with a low credit score of 620 but it will cost you more money each month. Mortgage products don’t even get exciti ... more
0 votes Share Flag Tue Jul 13, 2010 Financing in Murphy
Hannah Flieg…, Real Estate Pro in Larkspur, CA
Hannah Fliegel answered:
Are there private investors, etc. that would loan money for a home to people with poor credit scores with great home payment history for past 2 years?
Hi D C,

You are looking for a private money lender. Not a hard money lender. Hard money means expensive. A private money lender is someone that for example is early 1.5% in a CD. ... more
0 votes Share Flag Fri Jul 9, 2010 Financing in Murphy
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