Home Buying in Brooklyn>Question Details

Sharon Jordan, Home Buyer in Brooklyn, NY

How do you qualify people who want to buy a home from your listings, My morgage is current but my credit scores are poor. Does this immediately?

Asked by Sharon Jordan, Brooklyn, NY Mon Feb 6, 2012

disqualify me. Even if I have the down payment?

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Answers

2
Not quite understanding:
You have a home and a home loan,
and you want another home?
What do you intend to do with your current home?

From what you say, you probably can't qualify for 2 home loans at the same time.

Good luck and may God bless
0 votes Thank Flag Link Mon Feb 6, 2012
Not sure to whom the question is directed, however there are other factors besides credit that determine loan qualification, income, debt, assets, etc.; therefore for a personalized answer, visit with any licensed loan officer; be aware that a mortgage pre-approval letter is required in order to determine your price range and for any offers to be taken seriously.
0 votes Thank Flag Link Mon Feb 6, 2012
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