Hi Kim,

Vicky is right, FHA is the most forgiving option out there. They require a 3.5% down payment. Give me a call and I'll let you know what options you have available. If not now, I'll tell you what we can do to get you into a home in the next 6-12 months!

Thanks,

Alvin Lapitan
Sr. Mortgage Specialist
Cavalier Mortgage Group
Toll Free: 877-534-7420
alapitan@cavaliermortgage.com

Kim - without knowing exactly what you mean by "bad credit" no one can answer your question. FHA is rather forgiving on credit, but even they have their standards. Talk to a local lender who can help you.

You really need to check with a local and trusted mortgage broker, stay away from the internet lenders. If you have 20-30% down you may be able to still get a loan right now. but check with a loan officer as they need to see your credit score anbd finacials to make a real decision. good luck

No. Hard Money loans are not available anymore....