hi! am a mother of 4 kids because of a low income and bad credit score its been 7 to 8 years now that am renting a place for $1750 monthly for 3 places now am so tired of letting go that big amount of money and then the place is not mine and any time that they decide to sell the i have to find a new place am tired of moving place to place right now i receive a notice that they have to the house and we have to move out by end of may or sooner and the only money i have is $1500 by and of april... more
I would be happy to assist you in finding homes in your desire school district. We have the capability to search homes by filtering criteria such as schools, square footage, bedrooms, baths, etc. Some of the information you find by generic search on the internet is outdated and inaccurate. I am a realtor with Keller Williams in Greenville and I work in both Pitt an Beaufort Counties. You can reach me by calling 252-495-8550. Good luck with you search an let me know if I can help!... more
Yes. You can rent my house with the option to buy. I am living in it at the moment but will move to VA when I find a place to move into, however I can move into an apartment if I need to do that just to get out of my house so I can repaint and get it ready to rent. If you are still interested e-mail me at:
email@example.com Look forward to hearing from you!... more
Financing is based on your down payment, credit score and income. If you have sufficient retirement income, then you should qualify for a mortgage. If you have an existing home and transfer the profits from that sale to your new purchase, all the better.
Whether or not you can qualify for a 30 year mortgage, well that is a question for your lender.... more
Fannie Mae now offers a 3% down conventional loan. At least one borrower on the loan must be a first time homebuyer and the minimum credit score is 680. The maximum debt to income ratio (DTI) is 45%.
However, looking at the rates being offered on this program and the stiff PMI required, in a lot of cases you might be better served looking at an FHA loan. FHA only requires 3.5%, which is close, but the interest rates and PMI are better than 3% down conventional and FHA is not as strict in terms of credit. In addition, FHA allows the seller to pay up to 6% of the purchase price towards your closing costs as opposed to 3% for conventional, so your $$ out of pocket could wind up being less.
It's impossible to say which program IS actually better for you without knowing a lot of other circumstances such as your income and credit history, but you should speak to a lender ASAP to review your options and get preapproved.
My credit score is 549 and my goal is to own a home. I've become better with managing money and being responsible. I got my credit report pulled and just about everything there is medical bills. I'm thinking of filing bankrupcy, so that I can start over fresh. Should I?... more