Home Buying in Caledonia>Question Details

David, Home Buyer in Illinois

With poor credit is it better to try to lease to own a home?

Asked by David, Illinois Sat Jan 17, 2009

We would like to buy a house but have poor credit due to a job loss. Now am employed and getting back on track. With this type of history is it still possible to get a loan or would a good solution be to lease to own?

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Best locate a home that work with a future mortgage lease with intent to purchase. If you credit is low employment history 2 years best for this option. HOWEVER confer with mortgage broker determine you options best have your own home than lease.
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0 votes Thank Flag Link Sat Jan 17, 2009
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