Home Buying in San Antonio>Question Details

Beverlycox, Home Buyer in San Antonio, TX

My daughter wants to buy a house from me with my gift of equity. Any lenders who take low (614-618) credit score and truck repo 3 years ago? Help!

Asked by Beverlycox, San Antonio, TX Sun Mar 24, 2013

Help the community by answering this question:


Jason C Campbell’s answer
The quick answer is YES.

I have an amazing lender that can make that work with a score all the way down to a 580. It's nowhere near as hard as people make it out to be.

In fact... simply go here: http://www.DHIMortgage.com/Kasey-Hampton - fill out the online pre-approval. It's quick, easy, and free. Kasey is by far the most aggressive lender in Texas with the lowest rates in the State. You will thank me for this one later :)

Jason C Campbell
Platinum Top 50 Finalist
Option One Real Estate
Web: http://www.SAHomeExpert.com
1 vote Thank Flag Link Mon Mar 25, 2013
Yes, I know lenders who might help you.
Let me know if you want my help.
Thanks and good luck!
Jose L. Novelo
(210) 455-7635
1 vote Thank Flag Link Mon Mar 25, 2013
We have a couple of them, in fact, right now, I'm in my office with one. She will be leaving soon, but if you call 210-837-7378 right away or email me I can have her explain and help you get this sorted out.
1 vote Thank Flag Link Sun Mar 24, 2013
Hello Beverly,

Yes, there are lenders who can lend with a mid score in that range. I work with several of them at the wholesale level. The good news is the interest rates are still below 4%. Feel free to call to discuss what you are trying to do.

Thank you,

Don Groff
REALTOR® & Mortgage Broker
Austin Real Estate Pros | 360 Lending Group
office: 512.669.5599 mobile: 512.633.4157
http://www.AustinListed.com | http://www.360LendingGroup.com
0 votes Thank Flag Link Mon Mar 25, 2013
Hi Beverly,

Yes, there are some lenders who will fund this transaction with the credit scores you listed; we are one of those lenders. We will go down to a 580 credit score.

Please feel free to contact me directly if you have any further questions, I'd be glad to help.

All the best,

Roswell Moore, CMPS
Certified Mortgage Planner
480-422-5095 direct

We are a Direct Lender, Mortgage Bank where we originate, process, underwrite, fund, AND SERVICE our loans, in-house, with FHA (starting at a 580 score AND still only 3.5% down), FHA Streamline refinance loans (NO minimum credit score, NO appraisal required), HARP 2.0 - No Appraisal Required for Refinance for Underwater Home Values, HomePath, Investor Friendly (10 financed properties), VA, VA Refinance loans (NO appraisal required on IRRRL loans), USDA loans, Jumbo loans, Conventional loans, plus, we allow Escrow Hold-Backs!
0 votes Thank Flag Link Sun Mar 24, 2013
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