Bart Gabe - Lending Nationwide Since 1987
800 315 8803
Don't Let The Make a Monkey Out of You! Follow the link below.
Exclusive Buyer's Broker
I would bet that you qualify for an FHA loan. Have you talked to a lender yet? I can give you the name of one I really trust and she is quick to reply with any questions.
If you need any more help or want to start looking, give me a call! I work exclusively with tenants who are making the switch to home buying! It's so exciting!!!
Credit scores can be raised within 3-4 days in most cases to qualify for programs, rates and terms as necessary. You may qualify to buy with minimum out of pocket expenses and pay less than rent in many cities. You will have to provide one month paystubs/income, two month bank statements, last two years tax returns, all schedules, W2's, 1099's, copies of drivers license/ID for each applicant to receive a pre-approval letter to get out shopping for a home of your choice.
If you figure out what cities/zip codes your considering, minimum number of bedrooms and the maximum payment/price your looking to achieve you can then be set up to receive automatic daily emails to fit your search criteria. It only takes a few dozen questions to qualify, go over your options and email you listing to study and consider too. Here are some blogs to study such as RENT vs BUY, First time home buyer specialists, Which loan is right for me, Down payment and closing costs hurdles and Pre-approval in minutes.
Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
REO & Short Sale Specialist
Credit Repair At No Cost
ALL Loan Programs Available
20+ Years Experience
9am till 7pm Monday thru Saturday, Sundays by appt.
Under640FicoScoreLoans@gmail.com or HomeLoans4U@live.com
If my response was helpful, consider clicking thumbs up or Best Answer!
Yes, you can qualify for an FHA loan with a 596 score. Of course there are other factors such as stability of income, debt-to-income ratio, etc.
Please feel free to give me a call to discuss your options.
Elva A. Wormley
Office (408) 615-8500
32+ Years Experience
C2 Financial Corporation
2845 Moorpark Avenue, Suite 209
San Jose, CA 95128
NMLS #331981 / BRE #01274093
If they cannot help you with a loan at this time, they should be able to council you on ways to improve your score so a home loan is attainable.
google...."mortgage lenders in (your zip code) or "mortgage brokers in (your zip code)"