Are you searching for low credit home loans in order to purchase your next home? Having a low credit score can make the home purchase and financing process feel impossible for many home buyers. Fortunately
If you have been recently looking for a home loan in Macon you may have experienced some challenges with the approval process. Having bad credit is a burden but it shouldn't keep you from owning a home.
Now is a great time to secure a home loan refinance in Macon or any other Georgia area. Today's low interest rates make a Georgia home loan refinance a good financial decision. More importantly you can
If you are getting ready to buy a home now is the time to check your Macon home loan options. At AMortgageAdvisor.com you can start checking your home loan options in a matter of a few short minutes. We
FHA home loans and mortgages are a great solution for home buyers in Macon and other Georgia areas. If you have damaged credit or unestablished credit FHA home loans are an excellent home mortgage choice.
It can feel impossible to find a home loan with bad credit in the Macon area. There are bad credit home loans available in the current real estate market. We have a variety of real estate loans for home
Wondering if your credit rating is good enough to qualify for a nice rental home--or even to qualify for a home mortgage? Thinking you could use some advice on budgeting, avoiding losing a current home
We see many credit reports with low credit scores (anything less than 620), and often many scores in the 500's. This is BAD credit. If you are one of the folks affected by this terrible economy, you have a low credit score and you have a dream of buying a home, here's some simple advice for you.
It is unlikely you could be approved for mortgage financing with that credit score at this time.
Beware of any mortgage professionals promising you an approval with such a low score. Wait on buying a home. I recommend you take the time to resolve your credit issues.
First, settle any outstanding debt. If you owe money on collection accounts, charge-offs and/or judgments, make payment arrangements and get these accounts paid promptly.
Next, begin rebuilding your credit. If you have current accounts with good payment histories, or even some previous late-payment-blemishes, make sure you continue to pay those accounts on time. If you do not have any existing credit accounts then you'll need to establish several in order to create a viable credit history.
I have found that CONSUMER ACTION is an excellent resource for objective advice on all things credit related. You'll find free and sincere advice on everything from settling collection accounts to rebuilding credit to building credit from scratch on their website.
Beware of anyone offering to "repair" your credit! The Federal Trade Commission issued a stern warning last year that such offers are scams. Find more from the FTC HERE.
The best way to buy a home is to have a decent credit history combined with sufficient Income and Assets for a home purchase.
The best way to have a decent credit history is to settle negative outstanding obligations and pay all your bills on time for at least two years.
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