laysman
Jan 16, 2008, 01:58 PM
Can I get a Home loan with no dowm payment and a credit score of 570?
Dr D
Jan 16, 2008, 02:19 PM
I strongly doubt it. The Sub-Prime loans have gone the way of the Dodo Bird. Many of the 100% loans have gone away even for borrowers with good credit. Both FNMA and FHLMC have cut their Loan To Value ratios by 5%, for any property considered to be in a "declining" market. VA still offers 100% financing.
Fr_Chuck
Jan 16, 2008, 03:21 PM
No, even with a sub prime lender you would still have needed a down payment.