I am in desperate need of purchasing a home but need some creative financing advice my credit score is really low (540) or do you know of any mortgage companies that know that can help

Thx:o

First why are you in deperate need, you can rent till you improve your credit score, often buying more things when you have bad credit isnot an answer, owning ahome can be very expenisve with insurance, property taxes and more.

But there are contract for deed, owner financeing and of course if you have enough down payment it can make a difference. But sadly most of the time I see people with low credit scores also having almost no down payment either.

There are of course some lenders who will have extremely higher interest rates that deal with poor credit scores.

Often times with creative financing, you pay a lot more than you really should and can get yourself deeper in debt. I've never heard of anyone in desperate need of buying a home - but some sellers, especially now a days, are willing to carry the loan.