if i have bad credit can i buy a house if i have a co-signer with really good credit

Asked by Mario, Upper Baseline, Little Rock, AR Wed Feb 29, 2012

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Wed Feb 29, 2012
If you could be more specific on why your credit is bad, it would be better to answer this question for you.
For the most part, lenders look at the credit scores of the borrower with the lower score, however, if the rest of the loan has positive compensating factors, it may work.
Definitely need more details to answer best!
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Jeremy Lehman, Agent, Garden Grove, CA
Wed Feb 29, 2012
With the proper income and limited debt, you most likely can get a loan. You need to consult directly with a lender. Regardless of what you hear on Trulia, a lender will need to qualify you. Get your last 2 tax returns, last 2 pay stubs, and last 2 bank statements and find a lender to talk to. As friends and local agents for the best referrals.

Best of luck...
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Anna M Brocco, Agent, Williston Park, NY
Wed Feb 29, 2012
There are other factors besides credit that determine mortgage qualification such as income, debt, etc,; therefore for a personalized answer, you really should visit with any licensed loan oficer...
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Mark Overhol…, Agent, Clovis, CA
Wed Feb 29, 2012
Most likely. It will depend on some other factors like job history, income, etc. If you would like I can recommend a good local lender that would be willing to go over your options.
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