Size of the loan is more dependent on debt to income ratio than on credit score. I have lenders that can do FHA loans with your credit score as well as work with you to raise your credit score. Give me a call at 803 372 8033.... more
Also I've noticed that people are putting in their two cents with other people so please keep negative, unneccessary comments to yourself. I'm well aware of the mistakes i9;ve make to my credit so i do not need a reminder of it. I've been working hard at making amends to my score and have my my lease ending in April and would like to know how possible it would be to purchase a home from a KNOWLEDGEABLE person. Thank you again!... more
If you have a credit score in that range there are a few lenders that will help you out. I use Chris Ayer with Coldwell banker Mortgage. He has various programs to get people with those credit scores approved. I just got a 528 credit score approved and set to close on a house now with him......
his contact information is 704-771-3954 (cell) or his e-mail is firstname.lastname@example.org... more
Your score won't so much be the problem as that many lenders can't write a mortgage loan below $40,000. Most sales below this amount as cash for this reason. If you need the name of a few lenders to check with, don't hestiate to contact me.
My husband and I just purchased a foreclosure and we could not bid as low as we wanted because we could not find a lender that could write a loan below about $40,000.
Allen Tate Realtors