home with poor credit?

Submitted by michael.millheim on Sat, 07/25/2009 - 02:41
Forums

Is ther programs out there that will let me buy a home with poor credit? The Truth.

Hi Michael, I am not sure if you could get an FHA loan. I have heard of those but am unsure about how your credit score would effect it. I do know you would have to have a percentage down. How bad is your credit? Is there a way to simply work on rebuilding your score for a year or two before jumping into a home loan?
I would imagine with all the foreclosures a home loan with out having pretty good credit may be hard to get.

Sat, 07/25/2009 - 02:52 Permalink