If you like to get a mortgage, you should first check with lenders to see their program requirements first. If you have high credit scores, you may require less down payment. Or if you have low credit scores, you may need to come up with a larger down payment. Credit scores does not change over night, so if you are considering paying off some bills to increase your scores, make sure you will still have the amount of down payments available by the time you are ready to make your home purchase.

If you like to buy homes that are privately financed, please click on my profile and find more details. We hold finance for our homes for buyers with low credit scores and low down payments.

Good Luck!

Dear Friend,

How are you repairing your credit? It shouldn't be expensive about $399.00. Credit repair the right way is essential because all your old accounts will go away, the bureaus typically do not write off the accounts with a bk so both will show up on your credit report. Therefore, you are starting off correctly by dealing with the credit. The better your credit rating the better interest rate on a loan you can qualify.
You can call me for info on credit score boosting strategies or you can read this June issue of Inc Magazine and I talk about this very subject! Good luck

Lenders only need 2 yrs since a BK7 discharge.

You should apply now, while you are saving... So the loan officer can make sure there aren't any surprises in the file.
If you have re-established credit you will likely be fine.

Whar credit are you repairing? If you have paid your bills on time the last 7 years you are fine.

This depends largely on how responsible you have been with keeping up with your bills since 2000. Our recommendation is to contact a loan specialist to have them pull your credit rating and see if you can qualify for a loan.

They will most certainly, not view this as a waste of their time but an opportunity to do business. We hope you are pleasently suprised.

Good luck

Just pay your bills on time and your credit will go up. Right now it's hard for even A credit borrowers to get financed and the down payment compensates for bad credit so just save up and keep paying your bills.

You can all get seller financed. look for ads that say "OWC" or "seller financing" They can also sell their monthly payments for all cash too if they ever want to liquidate, but they need the right terms in the note in order to be able to sell it.

I buy those notes if you have any questions about that avenue.
Andrew
Cash4PromissoryNotes.com