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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.

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Q: Where can one obtain a bad credit home loan with no down payment?
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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?


what application do i fill out in order to obtain grant money for down payment of a home?

is there grant money for down payment of a home


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You can obtain a Va Home Loan for no down payment. There are other programs that allow for up to %10 tax credit based on your credit history.


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 type of credit score does someone need to get a no down payment home loan?

If a person wishes to get a no down payment home loan he or she needs an acceptable credit score so that the loaner is convinced that the person has adequate income to repay the loan. Usually 620 or higher is expected.


Can you get a home loan with only one line of credit?

A home loan is dependent on many things. Down payment, credit score, etc. So yes but if you have little credit history it will be more difficult.


Where can one obtain home financing with bad credit online?

Your local real estate broker can probably help with this. Since this is a serious issue, it is best to find someone in your own neighborhood rather than someone in another state. Financing a home with bad credit will probably mean a more expensive down payment.


What are the rules for credit card payment at Home Depot?

The rules for credit card payment at Home Depot is their monthly payment has to be received by the due date specified on their credit card statement or they could receive a late charge.


Where is it possible to obtain loans with no closing costs?

The most likely instance for a borrower to obtain a loan without any closing costs would likely be with either a very high down payment or nearly flawless credit. Sites that offer this possibility are Quicken Loans and Lenox Home Loans.


Can the first time home buyer credit be used or considered in the financing of the home such as down payment?

No, it cannot. It can make it easier to pay for a home, but will not make it easier to purchase one. :-(


What are the terms for a Bank of America home loan?

The terms depend on the credit situation of the particular borrower and the down payment that he/she is able to make.


What percent down payment to buy a 250000.00 home?

What is the minimum percent down payment to buy a 250,000.00 home?