Home Buying in Detroit>Question Details

Maringa.olds, Home Buyer in Detroit, MI

I'm trying to get a loan to buy my family a home my rent is 700 a month is there any lenders out there

Asked by Maringa.olds, Detroit, MI Wed Sep 12, 2012

Do I have to order credit cards or rent cars just so I can get a loan because they keep saying that I don't have any credit is there someone who can help me get a loan with no credit

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Annette Levinson’s answer
If you truly pay everything in cash (meaning no bad credit) you can still get a mortgage. You will need to show a loan officer 12 months canceled checks for;
If you don't have any of the above then you are mssing proof that you know how to pay bills.
0 votes Thank Flag Link Wed Sep 12, 2012
Hello There,

The first step I would advise you to do is find out who the owner is? Do you know your landlord? After that is identified, you will be able to see if you can do a land contract or apply for a mortgage.
0 votes Thank Flag Link Wed Sep 12, 2012
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