Ask Experts Questions for FREE Help !
Ask
    MsG2U's Avatar
    MsG2U Posts: 1, Reputation: 1
    New Member
     
    #1

    Jul 28, 2009, 12:49 AM
    Can you buy a home with bad credit and no money down?
    I am a widow of over 10 years now. I lost the home my husband and I had because of medical bills due to his cancer. I have really stayed in bad shape money wise ever since. I have been fighting for my disability for over 3 years now. I an application into the VA for a widows pension now. I would just love to have my own home again. A place to call my own in the country. I want to just live out the rest of my life in peace and quiet. I have no money saved to put down on a home and my credit is still in bad shape. Is there any place I can go to get help?
    stevetcg's Avatar
    stevetcg Posts: 3,693, Reputation: 353
    Ultra Member
     
    #2

    Jul 28, 2009, 06:35 AM

    You may be eligible for a VA loan. That would allow a minimal down payment and forgive most credit issues.

    However, the crux is if you can afford the house to begin with. A mortgage counselor will work with you on that.

    If you would like a recommendation for a VA loan specialist that I highly recommend, send me a private message.

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Can I buy a home with bad credit and no money down [ 7 Answers ]

Hello, I am really interested in buying a home. I have never owned a home. My credit is not good, I am currently working on fixing that. My savings is gone, so I have nothing to put down. My husband and I both work and have a decent income between the 2 of us and we feel we pay entirely too...

Trying to get my SSI money in my Credit Card [ 11 Answers ]

I'm 18 years old and I'm about to be 19 soon and my aunt have my SSI money and since I have my credit card now I would like to know if I can get the SSI money on my own but she don't want to go with me and put it in my credit card. She have my SSI money going directly to her credit card and I'm...

How to buy a house with bad credit, no credit, and no money down [ 22 Answers ]

I'm a mother of two, one 22 who is going to have a baby in oct. who is with the daddy of the baby, he is trying very hard, working all the time. But most of his money is going towards the baby. Then one 17 who is mildy mental retarded, They all live in a one room basement apartment. They really...

Bad Credit No Money Down Loan [ 6 Answers ]

Does anyone know where to find a mortgage, or to get a loan to purchase a home for people with low income, no money down and bad credit? My husband and I can not stay where we were living previously because of unreconsilable differences with the home owners. We have 3 children and can not afford...


View more questions Search