Home Buying in Dallas>Question Details

mommie.1987, Renter in Porter, TX

I am a first time home buyer. My credit is not so great! Is their any hope for me to still BUY a nice home for me and my family???

Asked by mommie.1987, Porter, TX Mon Jul 23, 2012

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I can help you from start to finish, pre approval to closing to getting the best deal.. That's what we do. :)
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.

Randall Yates
Director of Mortgage Relations
Cell 972.891.8058
Toll Free 855.841.HOME (4663)
0 votes Thank Flag Link Sat Jan 12, 2013
First thing would be to contact any lender of your choice. They will pre-qualify you usually for free and then you will know where you stand.

Good luck.

0 votes Thank Flag Link Thu Aug 9, 2012
Anything is possible if you want it bad enough. I specialize in assisting First Time Home-Buyers accomplish thier dream of home-ownership andwhere in the DFW Metro-Plex. Of course the first thing we would need to work on is your credit and as long as you do the work I will advise you free of charge in rebuilding your credit. For more information polease go to http://dfwmetrohousing.com/Grant.htm
0 votes Thank Flag Link Wed Aug 8, 2012
It is possible; 'not so great' credit is a very subjective term. That is also one piece of the puzzle.

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.

John Lyng
0 votes Thank Flag Link Sun Aug 5, 2012
Well, if your credit is banged up, there's a real good chance that you'll fall behind on your mortgage payments, and you and your family will face foreclosure.

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,
0 votes Thank Flag Link Wed Jul 25, 2012
The key is the find those who will help you versus turn you away; there are a lot of great lenders out there, so follow the advice everyone has given you and do oyur homework. Best regards!
0 votes Thank Flag Link Wed Jul 25, 2012
Contact with a well known local loan officer and they will be happy to help you, they can give you an idea about how much you can afford, how much you will pay monthly, how much down payment you may need etc. Ask all your financial questions and you will learn when you would be ready to buy your new home. Good Luck

DHL Realty Group
0 votes Thank Flag Link Wed Jul 25, 2012
Much more goes into qualifying for a home than just a credit scores. Recommend contact a mortgage broker

Lynn911 Dallas Realtor & Consultant, Credit Repair Advisor
Multimillion Dollar Sales Producer

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0 votes Thank Flag Link Mon Jul 23, 2012
Mommie, there is not enough information here (nor would I recommend you post such information here) regarding your credit, income and assets for anyone to make a plausible response. Contact a mortgage broker in your area and let them pull your credit to determine the possibility of obtaining a mortgage.

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.
0 votes Thank Flag Link Mon Jul 23, 2012
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