How to qualify for a home loan with bad credit score.
How to qualify for a home loan with bad credit score video duration 7 Minute(s) 45 Second(s), published by Real Estate Liquidators - Sell my house fast on 05 05 2018 - 16:33:03.
To qualify for a conventional loan, your credit score must be 630+ You also need 3.5% down payment to qualify for FHA loan
Funds for a down payment need to How to purchase Real Estate with no credit or bad credit using wrap-around mortgage.
Call Russell at 925-317-1500 or email info@tradmor.com
To Apply Online Go To: https://apply.tradmor.com For more information see: https://bit.ly/2N38rHp Call Russell at 925-317-1500 or email info@tradmor.com
To Apply Online Go To: https://apply.tradmor.com For more information see: https://bit.ly/2N38rHp
To qualify for a conventional loan, your credit score must be 630+
You also need 3.5% down payment to qualify for FHA loan.
Funds for a down payment need to be on your bank account for at least 2 months.
Funds can come as a gift from your relatives, your retirement account or if you are renting a property now, your security deposit could be used for down payment also.
You can also deposit cash on your bank account for a down payment, but then you will need 3 months of bank statements. You submit to a mortgage officer only last two bank statements so the loan officer doesn't raise questions where did you get the cash from.
Other Video about How to qualify for a home loan with bad credit score:
Local bad credit mortgage rates In California
Call Russell at 925-317-1500 or email info@tradmor.comTo Apply Online Go To: https://apply.tradmor.com For more information see: https://bit.ly/2N38rHp .
Wrap-Around Mortgage
How to purchase Real Estate with no credit or bad credit using wrap-around mortgage.Local bad credit mortgage rates In California
Call Russell at 925-317-1500 or email info@tradmor.comTo Apply Online Go To: https://apply.tradmor.com For more information see: https://bit.ly/2N38rHp .
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