Hello Oliver,

Within the city of Williamsport there is a city program available that may help in this situation. They can offer up to 20% financing at 0% interest and as long as you live in the home you can defer payments for 15 20 years. There are strict qualifications however such as income. If you make too much you will not qualify. There are a few local lenders here in Williamsport that work with this program. If you would like any more information feel free to contact me anytime.

Eric Getz, Realtor ABR
Premier Real Estate Agency, LLC
Office: 570-601-0774
Mobile:570-971-5211

Oliver,

It sounds like your sister has a few options. One, she can start working to repair, pay-off, & clean up her credit to put her in a position to get a Mortgage down the road. Working closely with a Mortgage Professional will help her in this task, as they should be able to lead her in the right direction. Another option, is what is called a Hard Money Loan which doesn't look at credit scores per se....rather capacity to pay (income) and collateral (money down or established equity in a property already owned). Feel free to contact me via email or phone.

Oliver,

I am a local broker out of the Lock Haven area which is close to Williamsport...we have several different companies that we deal with and we might be able to help. The lenders have tightened up their guidelines due to everything that is going on with the market right now. As somebody said previously...depending on her situation...she might have to have money down and she needs to plan on paying a higher interest rate. Check out my site...there is lots of good information on there http://www.NorthRidgeFinancialGroup.org and my number is 570-244-2649. You can also e-mail me at northridgefinancialgroup.org . We will do whatever we can to help her out even if it involves credit counseling to get her in a better interest rate later on down the road!

Thanks,
Mariah

Ask for owner financing or rent to own so you don't have to go to the bank.

If you are asking where is can get a mortgage I can provide you with more info JPMorgan Chase offers subprime mortgages and you are not going to pay much higher in rates since we are a bank. If you would like more info on this please let me know. I am a loan officer with Chase

It almost sounds as if you are saying she was able to obtain a mortgage despite the low score. If this is the case - she is also more than likely paying "primo" interest rates.

Don't be deceived by those ads - low credit score, no problem!! You will be paying mostly interest.

Hi Oliver. I am sorry, but I am not sure what your question is. Are you wondering if your sister will be able to get a loan or are you asking why she is able to get a loan with a low credit score? Could you please clarify your question. Thank you.

It is going to be hard to get a mortgage with such a low credit score unless you have a lot of money / cash for downpayment