Home Buying in Dallas>Question Details

Cathy, Home Buyer in Duncanville, TX

Bad credit can I get a home loan still?

Asked by Cathy, Duncanville, TX Mon Mar 31, 2014

I will be a first time home buyer my credit score is 574 I was wondering if I could get approved for a home loan. I have a good amount for a down payment.

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15
Yes it is possible Call FINANCIAL ONE CAPITAL Mark Stern @ 214 490 7570 Great funding source.
0 votes Thank Flag Link Tue Apr 21, 2015
If you need help to raise your credit scores fast,
We specialize in raising FICO scores dramatically, in weeks, not months or years.

As a matter of fact with one of our most recent clients we raised his score from 552 up to 729 in 3 weeks.

Hope This Helps

Contact Us!

IZM Credit Services
800 N Rainbow Blvd
Las vegas, NV 89107
(702) 758 - 3799

IzmCreditServices.net
0 votes Thank Flag Link Sun Apr 19, 2015
NACA will be happy to work with you. NACA does not use your credit score in any manner, though we do work with you on resolving any charge-offs or collections that have happened in the last two years, and your bill payment history must be on time for the past 12 months.

The NACA program offers no down payment, no closing costs, a fixed below market interest rate, and the ability to buy down the interest rate even further, potentially to near zero. There is also NO PMI on a NACA loan.

Just go to the NACA website at http://www.naca.com and sign up for a free Home Buyer's Workshop.
0 votes Thank Flag Link Sat Apr 18, 2015
You need to get a good lender , Someone who is expert in this area , also get a good Real Estate Agent to help you find your dream home , one that you can afford, be happy in.

I am in the Houston area , If I can help in any way please give me a call.

Linda
0 votes Thank Flag Link Sun Apr 6, 2014
You Should get a good lender, They will be able to help you through the loan process, You may need to go through credit restoration, but the time is worth it.

GOOD LUCK

LINDA
0 votes Thank Flag Link Sun Apr 6, 2014
We accept FHA loans with 580 or better scores. Generally, we can recommend lowering your balance on a credit card or opening a new account to raise your scores within 30 to 45 days.

J. Scott Harris
Gold Financial
Vice President
NMLS 375517
5055 Keller Springs Road, Suite 500
Addison, TX 75001
24/7 Mobile: 214-435-8825
0 votes Thank Flag Link Fri Apr 4, 2014
I am not sure. A good lender will be able to help you through the loan process. Start at once paying you bills on time NEVER late work on getting your credit score up. Find a good real Estate agent
will help you find the home of your dreams.

GOOD LUCK

LINDA
0 votes Thank Flag Link Thu Apr 3, 2014
You need to speak wit a lender and they will help you through the loan process,

you may need to go through some credit restoration.

Good Luck

Linda
0 votes Thank Flag Link Thu Apr 3, 2014
Speak with a lender or broker. Work on your credit. Understand what your issues are and make sure you are doing everything possible to correct it. Go back and read some of my posts on how to repair your own credit.

Hope this helps.

_____________________________________________________
Don Groff | REALTORĀ® & Mortgage Broker
Austin Real Estate Pros & 360 Lending Group
o 512.669.5599 | m 512.633.4157 | listings@dongroff.com
websites: http://www.AustinListed.com | http://www.360LendingGroup.com
0 votes Thank Flag Link Thu Apr 3, 2014
Contact any lender of your choice for real, hard answers. However, with a FICO score that low, you probably will not qualify.
http://www.tcrdallas.com
0 votes Thank Flag Link Thu Apr 3, 2014
BEST ADVICE TO YOU WOULD BE FOR YOU TO CONTACT A GOOD LENDER. THEY CAN HELP YOU WITH THAT. MY ADVICE WOUL BE TO CONTACT A CREDIT RESTORATION COMPANY AND START THE PROCESS OF REBUILDING YUR CREDIT. WILL TAKE SOME TIME , BUT WORTH IT IN THE LONG RUN..GOOD LUCK TO YOU

LINDA
0 votes Thank Flag Link Tue Apr 1, 2014
Talk to a lender or two. Let me know if you need some names.

Susie Kay, RealtorĀ®
GRI, CHMS, SFR
Residential/Commercial/Investment
------------------------------------------------------------------
United Real Estate
III Lincoln Centre, 5430 LBJ Freeway #280
Dallas, TX 78240
469-371-2899
susie_k@att.net
http://www.dfwdreamhomes.net

Servicing your real estate need is my priority!
0 votes Thank Flag Link Tue Apr 1, 2014
The first step would be to speak with a mortgage professional. I always recommend to consult with a few professionals as each organization offers different products requiring different credit scores. From what I've been told, it doesn't negatively impact your credit to have it run by a banking institution and if you run it a few times in a week or two it counts as only one time. Good luck!
0 votes Thank Flag Link Tue Apr 1, 2014
My suggestion is to work on improving your credit score by paying your bills on time esp credit cards and auto loans, and not make any large purchases since those will be held against you, glad you have a large down payment. You've made a good start towards home ownership.
0 votes Thank Flag Link Tue Apr 1, 2014
Cathy,

I get people approved without using FICO scores; I do run credit to view your recent behavior within the last 24 months. My program also does not require a down payment, closing costs or mortgage insurance, so I will get you into a home faster and using much less of your cash than any other lender that you speak with.

Check out http://www.naca.com for details on the program and the address for the next workshop I am giving in Fort Worth this coming Saturday where I will show you what is required to use my program.

Regards,

John Lyng
Mortgage Counselor - NMLS 280951
JLyng@naca.com
0 votes Thank Flag Link Mon Mar 31, 2014
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