unincorporated Gurnee, and Wildwood have the best tax rates per thousand out there! $150k goes pretty far in grandwood Park Gurnee or Idlewood/Wildwood area. Call or text me and i can set you up with a custom MLS search engine web page.
Co-signers have to bee blood relatives for one, but even then, a co-signer won't help with a 600 credit score. Even if you bring someone with an 800 score the mortgage will be based on the lowest middle score. What your client needs is a lender that will do an FHA mortgage with that score, the co-signer is irrelevant unless they need extra income to qualify.
There are lenders that will do FHA loans with scores down to 500 with 10% and down to 580 with 3.5% down. Find one that will do the 3.5% and if your borrower has the income, they won't need a co-signer.... more
Poor is a very relative term. If you don't know or don't want to post your score on the forum - please email or call me directly for a free loan preapproval. I am answering this in my capacity of a licensed loan originator.
ph. 847 630 6843... more
There isn't a definitive answer to that question. Some would say anything more than 10% below list price but in this market, that seems to be fairly common. I would think 15 to 20% would be considered by most a low-ball but others may differ with me.... more