Here''s a couple that have it. Wells Fargo and Primary Residential Funding
Need to go over the reasons for the low credit score first with the lender.
If you have 40 to 50% down, you can buy any house (with the help of a hard money lender).
Ask your local agents for one, if the downpayment, points and closing fees funds the hard money lenders charge are there (available) to buy.
If not, then a longer road might be ahead - with fixing your credit, which could take up to 6 months -
if you work with a reputable local mortgage pro, referral based credit repair firm, or if you fix your credit yourself. There are great books written on the subject - one of them is Debt Cures by Kevin Trudeau. Paying off the credit card debt to 30% of available limit is one way to start.
Don't open new credit lines more often than every 90 days window - is another way. The more available credit you have - the better it is for you. Inquire at your local bank branches for secured credit cards that get reported to the credit reporting agencies. Have at least 4 established lines of credit 24 months long. No quick fix, yet - pretty soon you'll be 100% ready to roll.
Hope this helps,
Beachfront Realty, Inc.
The 3.5% down payment can be from the borrowers own funds or it can be gifted from a family member. Getting Pre-Qualified is the only way for you to find out your options. To get Pre-Qualified you purchase, you can submit your request online at http://www.rodneymason.com.
Rodney Mason, NMLS #151088
Sr Loan Officer
825 Juniper St NE, Atlanta, GA 30308
Office: (404) 591-2453
Apply Online at http://www.rodneymason.com
Licensed in Alabama & Georgia
Prospect Mortgage offers a full selection of mortgage programs including:
Conventional | FHA | FHA 580-639 FICO | FHA 203K Renovation (Streamline & Consultant) | HomePathÂ® | HomePathÂ® Renovation | HomeStyleÂ® Renovation | VA | USDA | GA Dream | Jumbo Financing