Yes you can buy a house even if you have no credit score and no active credit lines. Your lender would help you build an alternative credit score with items like insurance bills, utlilities, phone bill, etc...... more
When it comes to applying for credit from different stores or credit card companies make sure to read the fine print, do some research and find out about how they report. Not all credit cards will report what your paying. It's best not to have more than three open accounts, never mÃ¡x out your credit cards and always make sure to make timely payments.
Jennifer chou/ Realtor
Tholco Real Estate Group
The mortgage broker in Dallas Tx is correct you need to start off with a mortgage company, if you are looking to purchase property in Kern County, Ca there are loan programs such as the down payment assistance program available if you qualify.
Jennifer Chou/ Realtor
Tholco Real Estate Group
Bakersfield, Ca 93312
Yes you can get a loan with what is called "non-traditional credit". That is you supply other items such as car insurance, cell phone bill, utility bills, etc... and get that creditor to show your payment history over the last 12-24 mos.... more
hi my name is teresa i was raised in shafter i also own a rental house , if your interested i am able to help you rent it and maintanance the property you may contact me at firstname.lastname@example.org have a good day... more
I am a little confused. So you are saying you paid your mortgage in full on 3/30/2007, a mortgage that was with Chase/WaMu, and you also have another home with a mortgage with Chase/WaMu on it that you did not pay off, and Chase/WaMu got confused on which one you paid off and sent the wrong paperwork to the county? And then Chase/WaMu continued to pay property taxes on the wrong property?... more
we have the opportunity our bank is open for short refinance in our home and cut 100 ,000 from the principal, so we need a better rate and a payment between $800 to $1,000 and we really want to see our principal low down and paid our home... more
" ... im a first time buyer looking to be prequalified what can i do about to start the process"
It's very important to understand your purchasing power BEFORE you start looking at any property. Unfortunately, the terms â€œPre-Qualificationâ€ and â€œPre-Approvalâ€ are used interchangeably in the RE Industry to mean the same thing â€“ they are not. You do need a full Pre-Approval to avoid being caught by surprises once you enter into escrow as this can place your deposit money at risk.
â€œPre-Qualificationâ€ vs. â€œPre-Approvalâ€ is covered here: http://www.Steven-Anthony.com/default.aspx?pp=39377
You have three main sources for your financing. As a consumer, knowing the pros & cons of each source, the level of information needed to quote a reliable rate, and how mortgage rates are determined on a daily basis is all important information to guide you towards a decision on who to work with. You can find out all of this information and more by reviewing this post: