Financing in American Canyon : Advice

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Richard Litt…, Real Estate Pro in Orange County, CA
Richard Littlefield answered:
I have poor credit (600-680) and 35K cash for a downpayment. Are funders available for me to purchase a home listed at about 80000?
I can do it if your middle score is 620, also I need a min loan is $50,000. It may need to be an FHA loan.
0 votes Share Flag Mon Apr 1, 2013 Financing in 94503
Annette Levi…, Real Estate Pro in New York, NY
Annette Levinson answered:
We were approved for a Fannie Mae loan but the lender denied us because of an incorrect default which isn't on our credit report. How can we be?
Chris,
I loan modification is held against you for 3 years.
Your approval was that a commitment? I don't think you had a commitment since no underwriter would have signed that c ... more
1 vote Share Flag Fri Oct 29, 2010 Financing in American Canyon
Luke Allison, Real Estate Pro in Asheville, NC
Luke Allison answered:
I am a federal employee and looking for a home loan. Can anyone provide the relative merits of using a?
Even though I work for a mortgage bank, I would honestly have to tell you that if they offer the loan program you are looking for and can get approved, go with the credit union over a m ... more
0 votes Share Flag Thu Jul 17, 2008 Financing in American Canyon
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