Is there a program my husband and I can get into to better our credit?

Asked by Mumma0511, Kittery, ME Fri Dec 16, 2011

We want to purchase a house, but I doubt we can currently with our credit as is. We were going to look into buying my father in laws house, but decided that maybe it would be more worth while to start fresh... possibly something being foreclosed on...
I found a Foreclosure the next town over from us : 5 bedroom, 3 bathroom double-wide mobile home for $49,900 That would be Ideal. But again with our credit... I am not sure what to do. I am also curious what there is out there for first time home buyers, and what the steps are.

Thank you very much for your time! Happy Holidays!!!!

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Anna M Brocco, Agent, Williston Park, NY
Fri Dec 16, 2011
You can start by paying all bills on time, if you have any missed payments get current, keep credit below 50%, dispute any negatives, pay down down, etc.; also visit with any licensed loan officer, after reviewing all your financial information, he/she can make great suggestions as to what needs to be done....
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Scott Godzyk, Agent, Manchester, NH
Fri Dec 16, 2011
There are no quick fixes for credit, you need to make sure you pay all bills on time, keep balances less than 1/2 of what your credit limit is and then get a copy of your credit report from http://www.annualcreditreport.com you get 1 free a year. Then go and dispute any negative credit you feel is wrong. paying someone will get you teh same results.... then eet with a local and trusted mortgage broker, they can prequailify you at no cost, they will look at your credit plus your financials and let you know if there are any programs that you may quailify for.

http://www.trulia.com/blog/scott_godzyk/2011/08/how_do_i_kno…


PLEASE SEE MY BLOG FOR A FULL LIST OF TIPS AND ADVICE ON GETTING A MORTGAGE
Web Reference:  http://www.ScottSellsNH.com
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