Normally, in lieu of a good credit score, these "private" programs are available to people that have cash to put towards the eventual payment.
For example, I have a home in Stone Mountain on which I would do a lease purchase. You would have up to three years to purchase the home .. the amount of monthly "rent" varies with the amount of money down, or the option price.
You rebuild your credit every month by paying your rent, and your option price goes toward the down payment when you are ready to purchase the home. The amount of cash required is between $ 3500 and $ 5000. The purchase price on this 3 bedroom 2 bath totally remodeled house is $ 49000.
For more information, call 770-823-1896 or email email@example.com .. Thanks ... Joe
Try Veterans United at http://www.veteransunited.com/ I have worked with them and they are great. They have programs for you that your husband has earned through his service to our country.
Best of Luck and thank you to your husband for his service
Rodney Mason, NMLS #151088
Sr Loan Officer
825 Juniper St NE, Atlanta, GA 30308
Office: (404) 591-2453
Apply Online at http://www.rodneymason.com
Licensed in Alabama & Georgia
Prospect Mortgage offers a full selection of mortgage programs including:
Conventional | FHA | FHA 580-639 FICO | FHA 203K Renovation (Streamline & Consultant) | HomePathÂ® | HomePathÂ® Renovation | HomeStyle Renovation | VA | USDA | GA Dream | Jumbo Financing
The best option for those with low scores to qualify for a loan is to have an in depth consultation to determine the items that are the most detrimental to your scores and to develop an action plan to resolve those items. Then to learn how to maintain good credit credit history with education and counseling. Refer to the link below for more information on how I can help you with that.