I even have lenders that can do the loan with just a 580 and 3.5% down. Call or go to our site fill out the contact form and let us get to work.
Director of Mortgage Relations
Toll Free 855.841.HOME (4663)
My company is more interested in what your behavior the last 24 months, and we do not use FICO scores. If you've had accounts charged off in the last 12 months we'll require they get settled, along with any judgments or liens.
Check out http://www.NACA.com for background, contact me with any questions.
The thing to do is to rehabilitate your credit, the same way you'd rehab a broken ankle before entering a marathon. So get into the habit of paying your bills on time, paying off your debt, and after you've done that for a few months or even an entire year, then - and only then - should you think about taking on the marathon-like thirty-year mortgage.
All the best,
DHL Realty Group
Lynn911 Dallas Realtor & Consultant, Credit Repair Advisor
Multimillion Dollar Sales Producer
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But keep in mind that the days of having no money, little credit and limited income, and still having a lender approve a loan are gone and won't be back anytime soon. Lenders understand that folks with poor credit have poor credit for a reason and are a much higher risk for mortgage default.