Home Buying in Hemet>Question Details

Robert.alvar…, Home Buyer in Hemet, CA

With a credit of 611 and trying to get a approval for 140,000 is it possible ? And how much am I looking for down ?

Asked by Robert.alvarado16, Hemet, CA Sat Jun 29, 2013

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Hi Robert, Were you able to get your answers that you needed with a Lender? Any Lender should be able to answer your questions. If you need assistance finding a lender, please let me know. Take good care, and thanks for reaching out for advice.
1 vote Thank Flag Link Tue Jul 9, 2013
Hello Robert, you may qualify FHA from a minimum 580 fico score and 3.5% down or even as low as half percent down payment program. It only takes a few dozen questions to qualify you in minutes and go over your options. Here is a needs list to gather for processing a loan approval, DU Approval or pre-approval letter to get out shopping for a home of your choice. http://tinyurl.com/l9ctod4

I specialize in Under 640 Fico Score Loans and offer credit repair at no cost to raise fico scores to qualify. Here are some links to study and consider that I offer.






Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
REO & Short Sale Specialist
Credit Repair At No Cost
ALL Loan Programs Available
20+ Years Experience
DRE# 01140252
NMLS# 297251
9am till 7pm 7 days

If my response was helpful, consider clicking thumbs up or BEST ANSWER!
0 votes Thank Flag Link Fri Aug 9, 2013
You might have a chance, contact a direct lender and see if they are willing to work with you. I know as of now, credit scores are becoming so low nationwide that lenders are looking closer at the income to debt ratio one individuals, compared to just going off a credit score.
0 votes Thank Flag Link Mon Aug 5, 2013
Not likely, but you should speak with a mortgage broker. I have access to hard money, if that is a possibility for you.
0 votes Thank Flag Link Wed Jul 31, 2013
You need to have a lender go over your credit and income and go over your loan options.

Your BEST option, if you're serious about purchasing a home is to get with a Realtor who knows the area and can help you through the process. That's the FIRST and foremost step in purchasing a home. Check with friends and family to see if they can refer someone to you or research sites, such as this one to find a good professional Realtor such as one of the few that already answered your question.

Your SECOND step is to get pre-qualified for a loan. AFTER you find a Realtor, he or she will have you meet with the lender that he or she uses regularly. This is important.

Good luck!

Ray Wright
Keller Williams Realty
0 votes Thank Flag Link Sun Jun 30, 2013
That would ne a question for my lender to answer, but i think your close enough to get started. Give me a call so i can get to work for you. (951)3067501
In the mean time you can do a little window shopping on my website down below.
0 votes Thank Flag Link Sun Jun 30, 2013
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