Financing in Fuquay Varina : Advice

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Chuck Chrobak, Real Estate Pro in Mill Creek, WA
Chuck Chrobak answered:
I had a bankruptcy 6-7 yrs ago, could I get a house now, approved $, & how much savings do I need? My credit score is 595 with no outstanding
FHA Lenders have expanded their guidelines, please read below.

Borrowers with credit scores of 580 or less would have to put 10 percent down in cash in order to qualify for an FHA lo ... more
0 votes Share Flag Fri Mar 25, 2011 Financing in 27526
David Jaffe, Real Estate Pro in Arlington Heights, IL
David Jaffe answered:
Can I get a house with a bankruptcy 6-7 yrs ago, no outstanding debt, & a 595 credit score? How much will I need in the bank or to put down?
Hi Lisa,

You should speak with a mortgage professional regarding what you would qualify for (and when). It often takes 7-years or longer to have the bankrupcy erased from your credi ... more
0 votes Share Flag Thu Mar 24, 2011 Financing in 27526
Laura McCorry, Real Estate Pro in Fuquay Varina, NC
Laura McCorry answered:
Suffered a forclosure 1.5 years ago. Have no credit card and car loans, everything is paid. Have about 35,000 saved. Of course with a forclosure we
Mr. Sabato,
You are on the right track by saving money. I have several homes that may be Lease-Purchased; in particular an awesome 1800 sf home in Willow Springs listed for $179,900. ... more
0 votes Share Flag Fri Jul 9, 2010 Financing in Fuquay Varina
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