Kinecta Federal Credit Union (a not-for-profit direct lender) is one of few HOMEPATH lenders in the country, with a presence in California.
Hope this helps!
Rene Joseph De Blanco
I would get with a good loan officer to review your credit report, as 650 is a rather depressed score. A good loan officer should be able to analyze your credit and see if you can get those scores up in the time frame you have for your purchase. However, the 650 score is in no way a deal killer, you just might not qualify for the best rates available today...Obviously, I would be happy to help you there.
Other than that, you should be able to qualify as long as there are no mortgage lates in the last 12 months.
Best wishes for a smooth transaction, Jim
Yes, I think you'll qualify just fine. Why don't you tune in next week to my Sacramento-based radio show since I'm having a local lender talk about credit scores and qualifying. It should be helpful. If you can't listen live, then you can catch the recording after the show. http://www.InLoveWithSacto.com
Have fun, be persistent, try not to get discouraged, and make sure you are working with an agent (Realtor)who knows this market and comes highly recommended.