bad credit 500score but have 35%down

Hi Umberto,
I have a loan product for you which is based on the asset, with the 35% down, you have a strong point. The rates are better than hard money loans.
Feel free to contact me if you are still in this situation.
Best,
francois@cozy-homes.com

If a lender cannot qualify you then they can usually direct you to someone who will finance a hard money loan for you. That only works when you have a lot to put down, so it could be your answer.

Hi!
I work with lots of foreign nationals who don't have any credits but have money for good down payment. In your case you have bad credit but 35% in downpayment.It depends what price range you are looking for but there are owner financed homes available for people like you. Owner financed homes give you 2 to 3 yrs to work on your credit to bring it up so you can get refinanced with a bank. Please feel free to contact me and I will be happy to help you.
priyanka

Hi Humberto,

Congratulations on your decision. It would be our pleasure to guide you through the process and answer all your questions.

Please feel free to call Susan for all your loan related questions;
Victorian Finance - Susan St. Cricq
T. 281-235-9747
e-mail: susan@victorianfinance.com

I would also recommend to get in touch with a Credit Repair Service company. They can help you with your credit score. I know a few Credit Repair Service companies. Let me know and I can send you their contact information as well.

Good Luck!

Robert Kandiyoti
RE/MAX Real Estate Associates
robertk@remax.net
c. 713-534-3018

Call me I am a Realtor and can help you with Foreclosures. I also can refer you to someone who can help with your credit.
Look up David Ramsey on Google and he has a DVD for $10.00
That will help.

Kelly Clark, Realty Executives


713-562-1643

Hi Humberto,

I would definitely recommend speaking with a lender. There are minimum credit score requirements and, as Jane mentioned, the lender can advise little things you may be able to do to increase your credit score. Many people like to discuss this with their bank or credit union that they have a relationship with. I highly suggest a mortgage broker. Scott Maguire with Homeway Mortgage is fantastic. scottm@hwmtg.com!

You mentioned 35% down but didn't mention the price of home you were looking for.

There are also owner finance options as well. Usually the owner requires 30% down payment. Terms and interest rate are negotiable. If you go this route, as with any real estate transaction, you'll definitely want to be represented - ESPECIALLY when dealing with an individual in an owner finance situation. You will want your best interests protected!

Hope this helps!
Darby Grimmett
936-827-9217
darby@darbygrimmett.com
www.darbygrimmett.com

You could go FHA with a 500 credit score and 35% down.

With 35% down, you may be able to get financing for a home purchase. Call Larry Brand with Supreme Mortgage at 682-738-2240. He knows how to get your credit score up if you need to in order to qualify. Larry's office is in Dallas, but he does a lot of financing in Houston as well.

If I can help you, please call me. I specialize in working with clients relocating to the area.

Janet Wooddell
Keller Williams Realty
832-285-2865
wooddellrealty@gmail.com