FHA IS YOUR BEST BET-- but if you do indeed have bad credit then that want work at this time and I have a program that will possible work for you so if FHA doesnâ€™t work give me a call. I wish you the best
If you do get FHA approval I live just off the Coldwater/Munford Exit and I would love to help you find your perfect place.
"Your Complete Real Estate Professional"
Real Estate Agent
Credit Repair Spec.
Private Money Investments -FHA Altern
The next discusses compensating factors that may weigh in your favor in receiving loan approval:
But this is what is possible... A great loan product for your to consider is a FHA Insured Mortgage. They require as little as 3% to 3.5% minimum buyer investment and allow for the seller of a property to contribute up to 6% of the purchase price towards your buyers closing costs.
The next best thing to do would be to contact a local community bank in your area. Pose the above question to them and ask for assistance. They may or may not be able to do a loan for you however they may be able to put you in touch with another area mortgage professional or guide you in the right direction with your credit and finances to purchase a home in the next few months.
Scott Slocum, REALTORÂ®
Licensed Real Estate Broker Associate
Florida Future Realty, Inc.
2816 Del Prado Blvd South Unit 2
Cape Coral FL 33904