can I buy a house with low to no money down with a credit score of 610?

Asked by Robert Rollins, Augusta, ME Sat Mar 8, 2008

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Don Tepper, Agent, Burke, VA
Sat Mar 8, 2008

It may be difficult getting a mortgage, and the advice below is fine if you go that route.

However, there are all sorts of seller financing out there. Ordinary seller financing, contract for deed, land contract, lease-option, lease-purchase. Then there's buying subject to the existing mortgage. Or you can work with an investor or a friend/relative on an equity share arrangement. I've explained these techniques in previous posts, or you can Google them.

Just make sure that you can make the payments. And involve a lawyer in the process to protect your interests.

Hope that helps.
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Pam Winterba…, Agent, Danville, VA
Sat Mar 8, 2008

You may want to talk with your mortgage broker about an FHA loan or continue to rebuild your credit.
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Ken Herrera…, Agent, Las Vegas, NV
Sat Mar 8, 2008
Hello Robert,

First step is to contact a mortgage professional so they may advise you on your mortgage options. Yes their are programs that fit your credit score, ask about FHA financing, it is a non-fico driven program that may fit your criteria.
Good Luck
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