View Full Version : Bad credit need home loan with zero down
cassiealdrich
Oct 3, 2009, 12:45 PM
I am a 27 year old married, first home buyer with BAD credit and no money for a down payment or closing cost. I live in Texas is there a company out there that will approve me for a home loan with low fixed interest rates? We have not even started trying to fix our credit.
ScottGem
Oct 3, 2009, 12:53 PM
You would be lucky to find ANY lender willing to take a chance on you. Forget about low rates.
Your only chance of getting a mortgage is if you can show way more income then the mortgage payments.
What you might try pursuing is a contract for sale.
stevetcg
Oct 5, 2009, 07:34 AM
Do you qualify for a VA loan? That is about the only way you are going to even have a shot at it...