http://www.mortgagecreditproblems.com/blog/a-4375-mortgage-rate-with-no-down-payment-you-bet/ Expert Advice & News on Bad Credit Mortgage, Mortgage Refinancing & Home Loans Sun, 21 Mar 2010 23:45:48 +0000 http://wordpress.org/?v=2.3.2 http://www.mortgagecreditproblems.com/blog/a-4375-mortgage-rate-with-no-down-payment-you-bet/#comment-1890 They Passed the Stimulus Bill: Do I Have to Pay Back My $7,500 Tax Credit?!? | MCP Help Blog Wed, 25 Feb 2009 00:14:06 +0000 http://www.mortgagecreditproblems.com/blog/a-4375-mortgage-rate-with-no-down-payment-you-bet/#comment-1890 [...] zero down payment options for qualifying buyers in qualifying areas. And on February 1st, these rates dropped to 4.375%. Check out the details [...] […] zero down payment options for qualifying buyers in qualifying areas. And on February 1st, these rates dropped to 4.375%. Check out the details […]

]]> http://www.mortgagecreditproblems.com/blog/a-4375-mortgage-rate-with-no-down-payment-you-bet/#comment-1872 Gina Pogol Mon, 23 Feb 2009 18:15:24 +0000 http://www.mortgagecreditproblems.com/blog/a-4375-mortgage-rate-with-no-down-payment-you-bet/#comment-1872 FHA allows you to qualify for a mortgage 2 years after a bankruptcy discharge. Keep in mind though that you must demonstrate that you have learned how to manage your money and not have incurred any more bad hisroty like collections or multiple late payments. Your credit score should be a minimum of 600 and your income should be stable and adequate. Sometimes you may fit the USDA guidelines but the lender's might be more stringent. If you get declined, ask why. And if it's a bank guideline and not a USDA guideline that you didn't meet, try another lender. FHA allows you to qualify for a mortgage 2 years after a bankruptcy discharge. Keep in mind though that you must demonstrate that you have learned how to manage your money and not have incurred any more bad hisroty like collections or multiple late payments. Your credit score should be a minimum of 600 and your income should be stable and adequate. Sometimes you may fit the USDA guidelines but the lender’s might be more stringent. If you get declined, ask why. And if it’s a bank guideline and not a USDA guideline that you didn’t meet, try another lender.

]]> http://www.mortgagecreditproblems.com/blog/a-4375-mortgage-rate-with-no-down-payment-you-bet/#comment-1871 s2kreno Mon, 23 Feb 2009 18:04:57 +0000 http://www.mortgagecreditproblems.com/blog/a-4375-mortgage-rate-with-no-down-payment-you-bet/#comment-1871 I had a bankruptcy 5 years ago. Can I qualify? I had a bankruptcy 5 years ago. Can I qualify?

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