Home Buying in San Antonio>Question Details

Sandy.pahua, Home Buyer in Austin, TX

Hi- I'm looking to buy a condo. I don't have the best credit but I'm willing to do whatever it takes to get approved.

Asked by Sandy.pahua, Austin, TX Mon Sep 2, 2013

I'm a single mom with only one child- which is why I don't need anything big. Also... don't like doing yard work :)
I've been looking at condo's on this website and there are a few that have captured my interest. Like stated before, I don't have the best credit, but I do however have a well paying job. I've been working for the same company for almost 7 years. And for the past 3 years or so... my annual income has been 45K. I understand that there are more factors to calculate in getting approved but there I'm sure there is a starting point.
I have heard that there are a lot of programs that help first time buyers with the down payment and getting approved.
What is the best way to get my foot in the door of a new home?

Help the community by answering this question:


Please contact me I know the lender to help you in your particular case.
In the mean time you can find your next Home at http://www.JoseSellsSanAntonio.com
It is free! and updated every fifteen minutes.
Thanks and good luck.
0 votes Thank Flag Link Tue Sep 3, 2013

Regardless of any credit issues, the best thing you can do is speak to a good lender who will listen, give you honest answers, and work with you to get pre-approved for a mortgage amount that works with your budget. This will both give you a comfort level with what you plan and put you in a stronger position when negotiating your purchase.

Call or write. I'll answer any questions you might have with no obligation and put you in touch with the best!


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Bob Leonard, Texas Broker, abr, crs, gri, e-pro, sres
Past Chairman of the Board, San Antonio Board of Realtors
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San Antonio, Texas
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0 votes Thank Flag Link Tue Sep 3, 2013
Hi Sandy,

I have several in-house mortgage brokers who will be glad to assist in getting you qualified for a mortgage loan today.

My contact info is below.

Please let me know if I can be of any further assistance!

"I'll Find You The House, You Make It A Home!"

Cornel "Chuck" Berry, REALTOR®, (USAF Retired),
Real Estate Consultant, Lic# 0615965,
GRI, ABR, e-Pro, CNE, TAHS, SFR, Cartus CSA/NBS, BS, MA,
Coldwell Banker D'Ann Harper, REALTORS®,
18756 Stone Oak Pkwy., Suite 101.
San Antonio, TX 78258.
Cell: (210) 683-1157
Direct: (210) 483-7552
Fax: (210) 483-4679
Email: cberry@cbharper.com
Web Page: http://www.chuckberryrealtor.com
CBDHR Intro: http://www.youtube.com/watch?v=Lp8C1naryD8&feature=youtu.be

Info about Brokerage Services: ww.trec.state.tx.us/pdf/contracts/OP-K.pdf

Get a **$50.00** referral fee for each buyer/seller you refer, paid at closing!
0 votes Thank Flag Link Tue Sep 3, 2013
The first step is to get in touch with a lender to see exactly where you are at in your credit score. Give Gary Rodriquez with Prime Lending a call and he can check your credit score to see where you are at and tell you what you need to do to get your credit score it. be a quick fix or something they my take a few months, but you never know until you get started.

Also if that is going to take to long, than I have another alternative, but it would require a lot of money down and a higher interest rate.

So give me a call or send me an email to learn more.

Kay Kirby, Realtor

9514 Console Dr. Suite 103
San Antonio, TX 78229
Cell (210)317-0017
Phone: (210) 377-0300 Fax: (210) 377-0018
Email: ekkirby1613@hotmail.com
0 votes Thank Flag Link Mon Sep 2, 2013
Thanks Sandy for your inquiry. Yes, the first thing is to get your foot in the door and find out if and how much buying power you have. There are a lot of lenders that can help you but the first step is to allow someone to help you by reviewing your credit report and giving you a game plan. They can tell you
whether you're ready now or in 60, 90 or in 120 days, etc. or what it is to bring your scores up.

We have lenders that can qualify you down to a 580 credit score but there are some guidelines that have to be met. The down payment remains the same at 3.5%.

Feel free to browse our website for properties at: http://TeamTexasSAHomes.com
and follow back up with us tomorrow when everyone's back at work and we'll connect
you with a lender free of charge that can tell you what you need to get qualified.

Ronnie Sanchez
Team Texas SA
KW Heritage

0 votes Thank Flag Link Mon Sep 2, 2013
Sandy - not sure what you mean by not having "the best" credit.
mid/low 600's?
mid/low 500's?

Do you have a down payment?

No matter what - you need to find a mortgage rep and sit down with him or her first.
Only after analyzing your credit and financial situation will you know whether you can be approved for a loan.

No sense falling in love with anything online until you take that first step.

That's not just the best, but the only way to get your foot in the door of a home - literally and figuratively!

If you discover you're not in a position to buy a home now, at least you will know what you have to do to improve your credit scores for the future.

In regard to a down payment - please also make sure you have savings, as a cushion, in the bank before even attempting to buy a home.
There is more to home ownership that just paying the mortgage and taxes......there's no super to call in if something breaks!

Best wishes.........
0 votes Thank Flag Link Mon Sep 2, 2013
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