Once your credit score is over 620, we can get you into a home.
Take a look at helpful hints to homeowners on the link below. Since today is Sunday, here are your 10 commandments to follow religously on your way to home ownership
Sounds like the tough times have been hard for you and your credit score is mostly based on the last 6 months of activity and 2 years overall. Maybe a lease purchase would be your best bet or owner financing. We also have a deed in lieu program for seller financing.
NOLA is fabulous and addicting, so do your research well because it is one of those places that holds onto the heart. It is very hard to leave--we've been talking about selling and moving to a more retirement friendly city...but we just...can't. We love NOLA so much.
You can contact me to discuss your option further if you wish.
CCS Realty, LLC
ALSO I STRONGLY RECOMMEND THAT YOU VISIT THIS LINK: http://www.financeauthority.org/ .
The city of New Orleans has designated 8 Zones in the city for a special municipality-funded financing program. It only requires the borrower to put down $2500 or 2% whichever is greater. The city will give you a second mortgage of up $50,000 and up to $5000 for closing costs for properties within these zones. The best part is the loan is at 0% (with NO payments until you sell or refinance) and THE LOAN IS 100% FORGIVEN IN 10 YEARS!!!!!!!! So, if this is the house you want to live in for awhile, they (the city of NO) is literally giving money away.
Please read up on the details, I would love to speak more about the issue with you. The city has mostly come back very strong. Don't get me wrong, there are pockets where it still looks bad. But, resilient New Orleanians and a new influx of people like yourself are making huge differences every day.