Know any mortgage companies that will do 100% financing with fico scores of 561 and 624 respectively

my hubby and i make around 95,000 a year and we only have a car payment and a payment on land that we bought last year. we are working hard to pay off all our debts, we sold our last house a year ago march and have been renting ever since. we have never been late on our rent. would welcome any input, thanks for your time.

Know any mortgage companies that will do 100% financing with fico scores of 561 and 624 respectively?

Yes there are many programs out there that you will be able to finance 100% however it depends on the home that you are looking to purchase and where you are looking to purchase. If you are just considering purchasing a home you want to first get your credit score up by opening two credit cards to help you restore your credit. Put if you are actively looking and need to get a home you can definately get a loan. You might want to also consider at least putting 5% down which will help you get into a better loan than going fully into a 100%.

Know any mortgage companies that will do 100% financing with fico scores of 561 and 624 respectively?

You do not want the financing you would get with those scores. You could finance under just the 624, but it will save you thousands if you improve that to 660. You need to take out two credit cards, and put (and keep) small balances on each them. Then start putting some money away each month. you will be approved for about 350-400k wich will give you a mortgage of 2500-3000 a month. After you pay rent put the remainder in a seperate account, so you get used to paying that much. In six months, your credit will be better, and you will have money for closing costs.

Know any mortgage companies that will do 100% financing with fico scores of 561 and 624 respectively?

I would reccomend staying under 50% of your credit card limits and paying them off in full each month thi should bring your credit scores up. If you want to get some quotes to see what type of rates and payments you would be looking at try www.restructureyourmortgage.com, best of luck.

Know any mortgage companies that will do 100% financing with fico scores of 561 and 624 respectively?

The cost of credit repair would save you lots of money.....

If you have the time, work on improving your FICO scores.

You can do it yourself as well.

Know any mortgage companies that will do 100% financing with fico scores of 561 and 624 respectively?

ILL b hard to find but I am sure someone here will offer you the moon and the stars just to get you financed to purchase another home.

My question to you is WHY? Why would you want to buy a house which is the biggest investment you will ever make in your life with such a poor fico score? Why not fix it, bring it up and then buy? Houses are not going anywhere, the market is not going anywhere. You can wait some months until you fix your credit and then obtain a great interest rate and be able to save money. Who do you want to make rich? the bank or yourself?

Ohh by the way when I say fix your credit. I dont mean going to %26quot;credit repair%26quot; companies, they are nothing but a scam. NOBODY, I mean NOBODY, not even if you were the president of the US can change your credit record if the information is correct, meaning you had a late payment and it is a real late payment. Now if you have incorrect information you can sure change that information because it is incorrect but why would you pay $600 to a company when you can do it yourself.

Speaking from experience, not personal but a family member.

Know any mortgage companies that will do 100% financing with fico scores of 561 and 624 respectively?

You have gotten some really good advice here, which I hope you take. Fix your credit, then go forward.

If you get some bottom feeder lender to put you in a low with crappy terms, you will regret it down the road. There are far too many people posting in here facing foreclosure due to lendee regret, please don%26#039;t be one of them.

Know any mortgage companies that will do 100% financing with fico scores of 561 and 624 respectively?

Yes, there are many programs available to you.

Get a referral to a good company/brokerage that will really take care of you. Keep you aprised along the way and really get the loan placed....

Take your time and interview a few loan officers/brokers - it%26#039;s a big transation; take your time.

Know any mortgage companies that will do 100% financing with fico scores of 561 and 624 respectively?

I suggest Hometown Banc Corp. They may be your best opportunity for someone to say yes. If your credit does not measure up, they don閳ユ獩 simply 閳ユ竾orget to call you back.閳? They help you get into a credit repair program you can afford regardless of income. Check out the free evaluation form at the source website and a Hometown loan officer will contact you .