You can receive down payment assistance from various loan companies. You can also find down payment assistance information from your local state department, this is not available in all states but it is always worth checking there first since often they turn out to be much cheaper and easier to obtain.
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.
nobody is going to loan you a down payment - contact family members or save the money yourself
My co-worker borrowed funds to hold them on deposit. The funds were verified so she could qualify for her mortgage. It was easy to get the loan with no credit check because she agreed to just hold the funds on deposit. Then she got a down payment assistance program to make her down payment for her, and she just gave back the deposited funds loan proceeds to the lender. It also helped her credit. I know she got the loan with creditloader dot com, but I don't know what kind of down payment assistance she used. Can anyone recommend a down payment assistance program that is still widely accepted? jameswalker@inbox.lv
The credit score required for down payment assistance varies by program and lender, but generally, a score of 620 or higher is preferred. Some programs may accept lower scores, typically around 580, but this can come with stricter conditions or higher interest rates. It's essential to check with specific down payment assistance programs in your area for their exact requirements. Additionally, maintaining a good credit history can improve your chances of qualifying for assistance.
== == You can only receive DPA through FHA, and not conventional. HUD repos only require 100 bucks down
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.
is there grant money for down payment of a home
nobody is going to loan you a down payment - contact family members or save the money yourself
Can a Veteran obtain a VA Mortgage Loan to purchase a condo on the ocean with one-third down payment?
My co-worker borrowed funds to hold them on deposit. The funds were verified so she could qualify for her mortgage. It was easy to get the loan with no credit check because she agreed to just hold the funds on deposit. Then she got a down payment assistance program to make her down payment for her, and she just gave back the deposited funds loan proceeds to the lender. It also helped her credit. I know she got the loan with creditloader dot com, but I don't know what kind of down payment assistance she used. Can anyone recommend a down payment assistance program that is still widely accepted? jameswalker@inbox.lv
One can go to local car dealers to see if they offer low down payment auto insurance. One can also go to websites such as Cheap Insurance Outlet, CarsDirect, and Free Insurance Quotation in order to obtain low down payment auto insurance.
The credit score required for down payment assistance varies by program and lender, but generally, a score of 620 or higher is preferred. Some programs may accept lower scores, typically around 580, but this can come with stricter conditions or higher interest rates. It's essential to check with specific down payment assistance programs in your area for their exact requirements. Additionally, maintaining a good credit history can improve your chances of qualifying for assistance.
If you have not saved this amount yourself, then your best option is to investigate organizations that provide down payment assistance. From my experience there are some requirements before you can get approved for this type of service.
I wouldn't think that you would be but I don't know what the law is. Do you have anything in writing?
== == You can only receive DPA through FHA, and not conventional. HUD repos only require 100 bucks down
You may be able to still buy a home. Why is your credit bad? Do you have a down payment?
Depending on the dentist and the down payment you are looking to pay, you can get a affordable plan based on income.