Trulia Community - Advice from neighbors and local experts

Find Your Community
We couldn't find that location. Please try again.
Get Expert Advice

Financing in 38632 : Real Estate Advice

  • All9
  • Local Info0
  • Home Buying2
  • Home Selling3
  • Market Conditions1

Activity 2
Sat Nov 7, 2015
Doug Capps answered:
Many lenders (as do us) require a minimum 640 credit score, with some lenders (very few) requiring a 620. With a 653, there is a good chance you could qualify. Keep in mind that qualifying for a mortgage has other factors - other than just credit score - but having an exceptable credit score is the first step. I'm located in Hernando (right off the square), so if you would like to see what you could qualify for, then please give me a call or send me an email with any questions you may have. You can contact me at 662-429-5100 Ext. 105. ... more
0 votes 9 answers Share Flag
Mon Dec 29, 2014
Thom Colby answered:
When you say "bad credit" - what's the issue? Past Due Accounts, charge-offs, bad debt - or just no credit?

There are many ways to get credit re-established. An option may be for you to look for Seller-Financing or Lease with Option.

Contact a local REALTOR - they will be able to assist.

Best of luck,

Thom Colby
Broker / Owner
Thom Colby Properties
Newport Beach, CA
Moving Lives Forward (TM)
We never double-end a transaction in our brokerage.
888-391-5245 Direct Cell
... more
0 votes 5 answers Share Flag
Search Advice
Search

Followers

37