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Your husband has a good credit score and you don't what will happen when you try to obtain a mortgage?
Wiki User
∙ 15y ago
Talk to your local bank, credit union, or mortgage broker and have them start the process for a mortgage loan application. Here are some tips for prepartion: Always have at least 3% of the desired loan amount saved in your bank account for at least 60 days. You will need at least this amount to pay for the closing cost fees, and the lender always verify your assets to see if you can actually afford a home. This is called 2 months reserves. If your husband has good credit, I'm guessing his credit score is in between 680-699 (this is a good range to the lenders). If that is the case then he could qualify for a FHA loan at 97% financing. He will have to have an extra 3% as a down payment. If he goes with a conventional loan he might need anywhere from 10 - 20 % as a down payment. Good luck!
Wiki User
∙ 15y ago
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Where can one obtain a mortgage quote for those with bad credit?
One can obtain a mortgage quote with bad credit from a variety of financial institutions. Companies such as Fidelity and Wells Fargo, can offer consumers mortgage quotes despite bad credit.
Where can people with bad credit obtain services from Mortgage Lender's?
Those with poor credit can obtain mortgage lender services from credit agencies. However, some of the most widely recognized advice is for these individuals to work toward increasing their credit score, rather than obtaining a mortgage.
Where can one obtain a mortgage if one has a record of poor credit?
One can obtain a mortgage of one has a record of poor credit from government programs such as the Federal Housing Administration or the Veteran's Administration.
Which mortgage brokers will assist someone with bad credit when trying to obtain a mortgage on their home?
There are several places one can look if one is trying to obtain a mortgage and has bad credit. Mortagedigger, realator, and homeloanlearning center are good places to start.
Does one need perfect credit to get an ING mortgage?
"No, one does not need perfect credit to obtain a ING mortgage. You would be able to obtain one with a stable income every month for at least 2 years time and some credit."
Where can one obtain a mortgage quote for those with bad credit?
One can obtain a mortgage quote with bad credit from a variety of financial institutions. Companies such as Fidelity and Wells Fargo, can offer consumers mortgage quotes despite bad credit.
Where can people with bad credit obtain services from Mortgage Lender's?
Those with poor credit can obtain mortgage lender services from credit agencies. However, some of the most widely recognized advice is for these individuals to work toward increasing their credit score, rather than obtaining a mortgage.
Where can one obtain a mortgage if one has a record of poor credit?
One can obtain a mortgage of one has a record of poor credit from government programs such as the Federal Housing Administration or the Veteran's Administration.
Which mortgage brokers will assist someone with bad credit when trying to obtain a mortgage on their home?
There are several places one can look if one is trying to obtain a mortgage and has bad credit. Mortagedigger, realator, and homeloanlearning center are good places to start.
Does one need perfect credit to get an ING mortgage?
"No, one does not need perfect credit to obtain a ING mortgage. You would be able to obtain one with a stable income every month for at least 2 years time and some credit."
Where can one get a bad credit mortgage in Florida?
Some of the sites that can help you overcome your credit problems and obtain a mortgage to obtain that new home you are wanting may include websites such as directfha, mortgagedigger, homeguides, fhamortgageprograms, trulia, zillow, realtor, realestate, bad-credit-mortgage-loan, hope-mortgage-assistance, and many others.
What kind of credit score will you need to obtain a home mortgage?
650 and above
What to do if the person that wants to get a mortgage for your propertybut cannot obtain one until credit it corrected. How can you still sell to them?
You can take back a mortgage yourself. However, remember that you already know the potential buyer has poor credit and may not pay the mortgage payments. You should obtain legal advice from an attorney.You can take back a mortgage yourself. However, remember that you already know the potential buyer has poor credit and may not pay the mortgage payments. You should obtain legal advice from an attorney.You can take back a mortgage yourself. However, remember that you already know the potential buyer has poor credit and may not pay the mortgage payments. You should obtain legal advice from an attorney.You can take back a mortgage yourself. However, remember that you already know the potential buyer has poor credit and may not pay the mortgage payments. You should obtain legal advice from an attorney.
Do you need good credit to buy a house?
Yes, in order to obtain a mortgage you will be required to have a good credit record.
How can one obtain a low credit score mortgage?
There are many steps one can take to obtain a mortgage if one has a low credit score. One step to consider would be applying for government help with the Federal Housing Administration.
How to obtain a mortgage with bad credit?
If you have a bad credit rating, you will have to pay a higher interest rate. This will be like a penalty for having bad credit.
Do you have to have perfect credit to obtain an American Equity mortgage?
It is not required to have perfect credit to obtain an American Equity mortgage. However, in today's day and age, with many companies keeping their credit on such a short leash, it would be a good idea to try to clean any fixable problems in your credit report before applying.
