Home Loans?

Question : Home Loans?
Looking for home construction or home purchase loans for people with credit that is poor. Any ideas?
home loans

Best answer:

Answer by FaZizzle
Talk to a bank. That’s the best advice I can give you.

Also look up special programs in your state/county for people in your situation. You’d be amazed at what you may find.

Home Loans

This entry was posted by admin on September 8, 2010 at 1:19 am, and is filed under Credit. Follow any responses to this post through RSS 2.0.You can leave a response or trackback from your own site.

Comments (4)
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#1 written by James H 1 year ago

There may be something of use here.

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#2 written by ireenie08 1 year ago

This site might have some helpful information for you about bad credit home loans. Good luck! http://loan.divinfo.com/

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#3 written by june e 1 year ago

American Blue Express Credit card: Apart from no annual fee feature of the American Blue Express it also gives cash returns on specific purchases. Users of the American Blue Express also enjoy protection against fraud for online credit card transactions. This card tries to right the various wrong notions about the American Express credit cards, one of which is that it is a credit card only for rich or those who have money to keep a credit card.

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#4 written by scott b 1 year ago

we are currently going through the home loan process but we do not have poor credit. what i would suggest that you do is have 20% of the home purchase for a down payment. i.e. if the home is 100k have 20k to put down. that will be a big help for you in getting credit. also having a co-signer is an option. otherwise you are looking at a higher intrest rate. the current rate for decent credit is around 6.25%.with poor credit I can only assume that it will be at least 10%. What ever you do do not accept an intrest only loan.Which means that your payment every month goes toward the intrest on the loan and nothing goes to the principal. Thus when you sell your home you have nothing as far as equity. which means you might as well rent a house then. the lenders will tell you that is a good deal.Yes a good deal for the lender. Beware of the lender.They are not your friend. If you can get 20% or a co-signer that is the route i highly recommend…… good luck I hope you get your house….

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