There are many programs available to you as a Buyer. First time home buyers have special programs available as well. I could help you in getting pre approved for a mortgage. It is free of course. I can connect you with at least several mortgage professionals that can help you. Then after you are approved, we will know what price range we are looking for. Lets go shopping together! Don Bradbury www.bradburyteam.com 215-536-6777 x 329

Sun Jul 6 2008, 17:11

I would advise you to first work on your credit. As far as trying to find someone to help you repair your credit,I will definitely call Tara Colquitt- Consumer Credit Advocate at the Credit Depot. Her telephone number is 215-350-2483. Our reach her on her blog at http://activerain.com/thecreditwoman. Please tell her that I referred you to her. Good luck

Fri May 9 2008, 23:19

Bucks County FIRST-TIME HOMEBUYER'S PROGRAM

Assists eligible participants with closing costs by providing a no-interest second mortgage. Although funds borrowed through this program are not "forgiven", they must be repaid only upon the resale of the home, upon the refinancing of the home, or upon the transfer of the title.

Funding for this program is limited and is dispersed on a first-come, first-served basis.

Applicants must be current residents of Bucks County, be able to pay the prepaid portion of settlement costs and excluded fees, must have households of two or more persons; individuals may not participate in the program, unless they have a serious disability.

Applicants must complete the First-Time Homebuyer's counseling program administered by the Bucks County Housing Group. The counseling program begins with a Homebuyer's workshop; Applicants must fall within the parameters established by the County with respect to household size and income, and must purchase a property located in Bucks County.

For more information about this program contact Sherry Pace at the Housing Group 215-598-3566 or email info@bchg.org.

When you "graduate" call us.

Fri May 9 2008, 19:29

Sounds like NACA would be the best alternative for you. Good luck!

Fri May 9 2008, 08:12

Yes. You should call several mortgage broker and see how each one of them response to tha same question and then select 2 of those that had the best answers and let them prequalify you. With that pregual you can then go shoping with your real estate profesional.

Fri May 9 2008, 08:07

Yes, there are first time home buyer programs that you may qualify for. With these programs, you may have to attend classes. You can ask for a seller's assist to help with closing costs. You may have to wait until you can clean up your credit. It would be in your best interest to talk to a Realtor and a mortgage person to learn what you need to do and what your options are.

Fri Apr 25 2008, 19:47

THere are many things that a lender looks for : all have to do with THEIR RISK! Is there
-Sufficient identifiable income to support the payment
-Likelihood of regular repayment (credit history)
-Money for closing costs and residual for emergencies.
The combination of poor credit and no downpayment is a really tough place to be, but you do have (long term) options. It WILL take some time and effort, but not impossible, if you are willing to work on it .
Look for someone who works with first ime homebuyers and ask for their help knowing what to do.
Step by step wins the race!

Blessings to you as you work for the big picture

Wed Apr 16 2008, 07:12

Hello

The lender I work with offers programs that might suit you. A good example is PHFA loans. Please call or email me. Tina Walsh, Long & Foster, Real Estate, Inc. 215-489-8026 / 215-348-0000 x 8026.

Email: Tina@PAHomeShop.com
Web: http://www.PAHomeShop.com

Tue Apr 15 2008, 11:04

Hi - since the fiasco with the mortgage companies, getting a loan has gotten a little tougher to do. Your best bet is either to go to your local bank or a reputable mortgage company and have them pull your credit. That will give you and them a good idea of whether you would qualify for a mortgage and from there, they can tell you what is avaliable to you. Definitely do this before you go looking at houses, so you know what, if anything, you can afford and still be able to have some life (including eating, etc!!!). Besides which, if you look at houses you can't afford, then nothing that you can afford at the present time will ever really appeal to you and you will waste a lot of your time and gas! Feel free to email me if you would like a list of mortgage companies that I have worked with in the past and who have served their clients well, plus had everything ready to go at settlement, as well as come to the settlement! Homesfromtoni@yahoo.com

Toni

Tue Apr 15 2008, 09:49

There are alot of first time home buyers programs available however one of the requirements is that you have to have decent credit.it does not have to be great but there are credit standards now. Your best bet would be to start working with a mortgage professional that can help you with your credit & be ready to buy in a few months.

Tue Apr 15 2008, 09:46