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Will you need a higher down payment to get a mortgage with bad credit?
Yes, a higher down payment is typically needed to get a mortgage with bad credit. A down payment of 25% or more will help to get a lower interest rate.
Where can one obtain a bad credit home loan with no down payment?
It is not possible for someone with bad credit to obtain a home loan with no down payment. They would need to have a 5% minimum down payment and collateral.
How many points does your credit score go down if you miss a mortgage payment?
A recent late payment can drop your credit score about 60 points.
How long do you have to be on your job to get a car loan?
Depends on your credit and down payment
Financing a home with bad credit?
Can be done. Depends on the credit, time on job and down payment. Also the reason for the bad credit may be a factor
Will you need a higher down payment to get a mortgage with bad credit?
Yes, a higher down payment is typically needed to get a mortgage with bad credit. A down payment of 25% or more will help to get a lower interest rate.
Where can one obtain a bad credit home loan with no down payment?
It is not possible for someone with bad credit to obtain a home loan with no down payment. They would need to have a 5% minimum down payment and collateral.
What is the journal entry for down payment of cash?
[Debit] Down payment xxxx [Credit] cash xxxx
How do you get a new car with no down payment and bad credit?
Steal it.
How many points does your credit score go down if you miss a mortgage payment?
A recent late payment can drop your credit score about 60 points.
How long do you have to be on your job to get a car loan?
Depends on your credit and down payment
What is the journal entry for purchase and made a down payment of cash and issued a note payable?
[Debit] Purchases xxxx [Credit] Cash/bank xxxx (For Down payment) [Credit] Notes Payable xxxx
Financing a home with bad credit?
Can be done. Depends on the credit, time on job and down payment. Also the reason for the bad credit may be a factor
What are the advantages of no money down bad credit mortgages?
One might ask, how can one get a no money down bad credit mortgage? If you have bad credit and do not have enough money to put a down payment of a mortgage, you can take advantage of an FHA loan.
What do you need for to buy a house?
Some things are - A job, money for down payment and good credit.
How would I be able to obtain a home loan if my credit is bad?
You may be able to still buy a home. Why is your credit bad? Do you have a down payment?
Is there a bad credit finance agency in DallasTexas?
Even with bad credit you can get financing. However, bad credit will require a larger down payment and perhaps even a co-signer with better credit.
