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    Mimib23's Avatar
    Mimib23 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Nov 18, 2011, 09:20 AM
    Homebuying with bad credit
    Back in 2009 you helped a women who wanted to buy a home with bad credit. I am divorced Credit went down toilet due to divorce. I really want to buy a home for myself and daughter. I live in California, is there any hope and if so how do I go about doing it. I am employed after being stay home mom for 15 years.

    Please help
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #2

    Nov 18, 2011, 09:27 AM
    I'm assuming you found a thread from 2009 where we offered advice to a women looking to buy a home with bad credit.

    Did you read the advice given to that women? Did you try following the suggestions?

    If you can come up with a significant down payment and prove you can handle the payments, you may find a lender.
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
    Expert
    		  
    #3

    Nov 18, 2011, 01:05 PM
    Home loans are getting tighter every year now as foreclosures go out the roof. IF you don't have good credit, you will need a higher amount of money to put down.
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