I am sure that there are lenders who can help you in your area-if not immediately they can help point you in the right direction to purchase in the near future. Not all loan programs are credit driven. Shoot me an email and I can refer a local buyer agent who can not only help you get pre-approved, but also help in your home search. I hope to hear from you soon.
I have done many of these loans but to be honest they are high risk. Lets look over your profile and we can get you going in the right path. Amykan remember I am the bank and we lend our own money. We can tell you in 48 hours in what direction we need to go.
Give me a call at my office....
908-469-1590 x 228 or 732-300-3695 (Cell)
And ps... you do have a minimum... you know who I am talking about.; Because if you knew your giudelines, for a FHA loan with less than a 580, you need 10% down.
Overall... buyer,. if you are still out there and having some issues with these lenders, please contact me. There is a lot to it, that is not being explained below. It can be done, but it's very pricey.
Thanks, jeff 609-440-5133 firstname.lastname@example.org
I am a mortgage banker and my guidelines for fha purchasing is as low as 580 fico score. The rate is very good as well and closing time with a full package is 30-45 days.
Interest rates on all these type of deals is 6.00% or less. I am closing debt to income ratios of 42%/50% when I get them approved threw Desktop Underwriting.
My branch has everything in house and would love the opportunity to answer any questions you may have. Have a great weekend and I will speak to you very soon.
I am located in vineland NJ too. I have helped many other buyers and would be happy to help you. I work with several different lenders and when your pre-qualified they usually qualify you for the financing they have available. You didn't put that much info but it does depend on how much lower then 620 and the program/financing that you are qualifying for. I have helped several clients and would be more then happy to help you too. Right now they have a program that you can get 4% towards your down payment - that is after 5 years no repay and closing costs then use prefund (tax credit monies) for balance of closing costs and could use up to $6,000 seller concessions if needed. This is a first time home buyer or someone who hasn't had a home in their name for the last 3 years creating no money down/no closing costs. There is also l00% USDA financing. As I said I'd be more then happy to help you,
I can be emailed at email@example.com or cell# 856-776-3264 mon-sun till llpm.
I look forward to hearing from you or anyone else who would like assistance & have a great day!
My name is Luke Allison and I am a retail loan officer with Bank of America. Currently we do not have a minimum credit score requirement to apply (although 580+ tends to be the threshold). I can do loans in NJ so if you need some assistance qualifying, you are welcome to contact me about prequalifying.
Bank of America Home Loans