I have a 715 credit score, attended the homebuyer class for the money down certificate, I have only $2000 in the bank,can i get a loan for a home

Asked by Cent, Grand Prairie, TX Mon Jul 30, 2012

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EP Texas, Agent, Southlake, TX
Tue Aug 7, 2012
Down payment assistance loans do exist with a high credit score.

I'll help any way I can.


Nathan Beckey, Northwest Fort Worth Realtor

(m) 817.691.3602 (e) nathan@exclusivepropertiestexas.com

More Options. More Results.

check us out online http://www.exclusivepropertiestexas.com
0 votes
John Lyng, , Dallas, TX
Sun Aug 5, 2012
In my opinion, it will be tough if you only have $2000. Even if you get the seller to pay closing costs you'll still won't be able to fund your escrows, assuming you get the full 3.5% down payment from the grant.

You may want to check out http://www.NACA.com. I am a Mortgage Counselor there, offering mortgages with NO down payment, NO closing costs, and we do not use FICO scores. Also, you can purchase anywhere, while some grant programs require that you buy in some areas.

Contact me with any questions.
0 votes
Lucy Puniwai, Agent, Haslet, TX
Mon Jul 30, 2012
I believe it is smooth sailing for you. The "musts" are to work with a knowledgeable lender AND Realtor. You could possibly have all your closing costs paid for by a Builder which would allow you to buy MORE home without paying anything out of pocket!

Let me know how I can help!

Lucy A. Puniwai
(214)783-6416 – Cell/Text
(682)224-8050 – Fax
Facebook: https://www.facebook.com/NorthFORTworthRealtor
Facebook: https://www.facebook.com/Alliance.Haslet.NorthFort.Worth.Tex…

In God We Trust
0 votes
Deb Mcneill, , Fort Worth, TX
Mon Jul 30, 2012
Do start with a good lender for the best information. I'd be happy to pass some names to you, if you like.

Buying a home is exciting and it's scary, too. Having an excellent agent and a good lender will help get you through to home ownership!

Deb McNeill
Small World Realty
0 votes
Patricia Cho…, Agent, Fort Worth, TX
Mon Jul 30, 2012
You should contact a mortgage loan officer certified with City of Grand Prairie Homebuyer's Assistance Program. Then you must work with a certified Realtor. The company that issued your certification may have a list of Lenders. I work with certified Lenders. Contact me if I can help.
Good Luck!

Patricia Choice
Fadal-Buchanan and Associates Real Estate Services
0 votes
Dallas Texas, Agent, Dallas, TN
Mon Jul 30, 2012
Recommend contact a mortgage broker datermine what the requirements are for you obtain a loan.

Lynn911 Dallas Realtor & Consultant, Credit Repair Advisor
Multimillion Dollar Sales Producer

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0 votes
Lynn - I am seeing "red flags" on your responses......just FYI
Flag Mon Jul 30, 2012
Sloan Yorek, Agent, Fort Worth, TX
Mon Jul 30, 2012
There are several lenders who can help you secure the right type of financing that fits YOUR needs. Email me, I'll send you a list Sloan@Brants.com
0 votes
John Straub, Agent, Fort Worth, TX
Mon Jul 30, 2012
I am not sure which home buyer class you attended. Your credit score appears to be in good shape to purchase a home. If the class that you attended provides you with a down payment, closing costs are negotiable so $2,000 in the bank may not be a problem at all. A mortgage lender will be able to go through your exact situation.

Please contact me directly and I will put you together with lenders who will help you go through your situation, 817-729-4281 or john@dfwfamilyrealty.com

John Straub
Keller Williams Realty

0 votes
Brian Rickard, Agent, Fort Worth, TX
Mon Jul 30, 2012
Call or email me and I can give you some local lenders that can help you. Not saying you have to use them but I can get you started.

0 votes
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