If you wanted to pay your student loans on time.... they wouldn't have to garnish your wages.
Once you show a WILLINGNESS to pay your obligations, you should then apply.
Your credit score and current garnishment are going to be limiting factors. No one can approve or disapprove you for financing until you apply. I have sat down with people in your position in my area and reviewed their credit and worked with them on a plan to pay off their debt and prepare them to be successful sooner than later.
With rates and prices being down, I would encourage you to find a local lender willing to look at your situation and provide the same type of plan. There are some steps to take which may not seem logical, but they will boost your score and improve your chances of getting approved.
I would like to talk to you and see exactly where you are and get it evaluated, and deermine when you mgiht get gualified to purchase. In my 30 year plus career, I have helped many Buyers thagt thought they could not buy.
Givve me a call.
I would love the opportunity to assist you throughout your home buing experience. I can save you a great deal of time, money all while helping releave the stress of buying your first estate. Feel free to contact me directly so we can experience your adventure together. I can put you in communication with an excellent mortgage company that will surpass your expectations.
Keller Williams Realty
Real Estate Consultant/3xUS Army Vet.
For an updated search please visit my new site http://www.blissful-estates.com
There is always hope! Why not immediately pay the student loans off, or at least contact a good lender that can review your credit report entirely and help you execute a plan to improve your scores in the fastest way possible?
Follow that plan, and sooner than you think you will be in the market for your new home!
Best wishes, Jim, 703 615 4675
Contact your local bank or a lender for a loan officer to review your credit report. They will be able to give you advice and guide you on getting your scores where thhey need to be in order to purchase a home. I will be happy to email you a few referrals of loan officers who can assist you. I know one lender that approves credit scores as low as 600.
Please feel free to contact me at your convenience. I look forward to hearing from you soon!
Make it a Blessed Day!
Tamika Turner Goree
Keller Williams Realty
Cell: (972) 697-1178
Good Luck to you.
REALTOR | Mortgage Broker
Keller Williams Realty | 360 Lending Group
I hope you take this constructively. If you can't pay 2K for a debt you have, then I don't believe you should be purchasing a home. One bad day in the Summer and your AC goes out you will be sweating like a pig on a truck. A new AC will cost much more than 2K. Heck...most insurance deductibles will wipe you out. Home ownership is not for the faint at heart or the shallow in pocket.
Go to Home depot and price some very basic stuff that is needed in a home. One needs to be financially fit to enter the arena. Get your finances in order and then buy a property.
Best of luck!
Remax / Lakeland
Get busy and get those things paid off and off your credit report.
Get a weekend job if you have too. Two or three months of working weekends
will get those gone and you will feel so good about getting them behind you.
You will want to get your credit score up in the 600s, so get with a loan officer
to give you some strategies.
Pay everything on time or early.
Reduce your credit card balances to below 50% of the limit.
Save some cash and then you'll be ready to go.
Sounds like you are on the right track...now.
Once the $2000 is paid off you would need establish credit another reason why scores are low
Lynn911 Dallas Realtor & Consultant, Loan Officer, Credit Repair Advisor
The Michael Group - Dallas Business Journal Top Ranked Realtors