My Fiance and I are buying our first home, It is a double wide trailer to get us started. We need 5000 down

Jessirene
Home Buyer
48047

but his credit ratio is high and I have no debt anymore but i do have bad credit. He on the other hand has good credit just high debt ratio. I will of coarse help pay but is there a grant or something i can get us approved for that will get us in our own home?

Answers (3)
Bob McClure- Mo...
Mortgage Broker
or Lender

48170

good evening.....i would be happy to talk with you about financing a home rather than a double wide.....the problem isn't so much getting into one as getting out of it when you are set to move on..also, understand, let's assume your payment is around $300 and the lot rent is another $300...that alone would finance easily over $100,000 in a mortgage ...call anytime it's convenient...let's make you a homeowner.....bob mcclure- success mortgage partners- plymouth, michigan....

Thu Jul 23 2009, 16:20
Carol And J.R....
Agent
Sterling Heights, MI

Jessirene,
Before you purchase that double wide, talk to a mortgage professional. Either your bank or credit union loan officer or a mortgage broker. Find our exactly where you qualify and then look for a home you can afford.
In our opinion the monies spent for a mobil home is not the best investment, it is the same usually as if you were buying a car. The longer you own it the less it is worth.
If you find yourselves a Realtor Agent, that you feel comfortable with I am sure that the an find you a home to get started with. Good Luck

Wed Jul 22 2009, 07:29
Lynn911.com Dal...
Agent
Dallas, TX
FIRST ANSWER

Have your tried lease purchase there are standard practice of lending .

Direct link blog post hope this assists
http://activerain.com/blogsview/1148928/dallas-home-buyers-t…

If you have correct professional can assist in laying out a plan your goal could be obtain faster than you can imagine.

National Featured Realtor and Consultant, Mortgage Loan Officer, Credit Repair Lecturer
Follow me on Twitter: http://twitter.com/Lynn911
Lynn911

Web Reference: http://www.lynn911.com
Tue Jul 21 2009, 15:49

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