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-   -   Bad credit mortgage (https://www.askmehelpdesk.com/showthread.php?t=173155)

  • Jan 16, 2008, 01:58 PM
    laysman
    Bad credit mortgage
    Can I get a Home loan with no dowm payment and a credit score of 570?
  • Jan 16, 2008, 02:19 PM
    Dr D
    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.
  • Jan 16, 2008, 03:21 PM
    Fr_Chuck
    No, even with a sub prime lender you would still have needed a down payment.

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