Home Buying in Modesto>Question Details

Jorge.quinte…, Home Buyer in 95380

Can wife n I qualify for a mortgage loan with 610 credit score and 589 with 10 % down in Turlock n Livingston area ?

Asked by Jorge.quintero1988, 95380 Tue Jan 29, 2013

Wife is a medical assiantace for 2 1/2 yrs I'm a carpenter for 5 yrs we both made around 60,000 we currently pay 950 of rent

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4
Molly Mooney’s answer
There is more to it than that what are you debt to income ratio's. If there in line you should be fine, call me if you need more help I can get you set up and help you with that purchase Molly Mooney PMZ 209 809-5365 MollyRE@msn.com
0 votes Thank Flag Link Wed Jan 30, 2013
Do yourselves a favor and speak with a local mortgage broker in your community. Only by going through the application process will you know if you qualify.
0 votes Thank Flag Link Tue Jan 29, 2013
Hello Jorge, yes you may qualify for FHA mortgage with a minimum 580 fico score for standard 3.5% down or as low as half percent down payment assistance program which can contribute towards your closing costs as well. You can already qualify for FHA financing with 10% down with fico scores between 500-579. There is also closing costs that have to be discussed that can be paid with premium financing or a few other options. You can buy with minimum out of pocket expenses. It only takes a few dozen questions to qualify you in minutes for the many loan program I offer.

I specialize in Under 640 Fico Score Loans and offer credit repair at no costs to raise fico scores to qualify for programs, rates and terms. Here is a list of the documents you will need to process a loan approval. HYPERLINK "http://tinyurl.com/aepwnh4" http://tinyurl.com/aepwnh4

Here are links to study and consider. I can issue a pre-approval letter or DU Approval letter today to get you out shopping for the homes of your choice.

http://www.under640ficoscoreloans.com/Pages/Conventional.aspx

http://www.under640ficoscoreloans.com/Pages/CHDAPLoans.aspx

http://www.under640ficoscoreloans.com/Pages/HalfPercentDown.aspx

http://www.under640ficoscoreloans.com/Pages/ContactSheryl.aspx
Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
REO & Short Sale Specialist
Credit Repair At No Cost
20+ Years Experience
DRE# 01140252
NMLS# 297251
760-486-4225
9am till 9pm 7 days
http://youtu.be/MrygA2_8fAY
0 votes Thank Flag Link Tue Jan 29, 2013
You need to sit down with a good loan officer and have them go over your financial situation. They can tell you if you qualify for a mortgage and if not, what you need to do to qualify in the future. If you would like a recommendation please give me a call.

Emily Ryslinge
Broker - Ryslinge Realty
(209) 232-5610
http://www.emilyryslinge.com
0 votes Thank Flag Link Tue Jan 29, 2013
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