Is there a way to finance a home with poor credit?

I%26#039;d like to buy a home with a large property, but I do have poor credit. It would be my first home. How can I overcome my poor credit past and finance the home of my dreams?

Is there a way to finance a home with poor credit?
think lease purchase.





I can help


luck to you
Reply:you can get information on this site http://realestatepropertynews.com/poor-c...
Reply:with poor credit, FHA is the way to go or if your a veteran you can do VA.





FHA is great because credit scores don%26#039;t matter only credit history with explanation on why you are/were delinquent.





pay those bills on time to improve your credit for the time being
Reply:Find a less expensive property, live there for 5 years and make sure you make every mortgage payment on time. Then see if you can get financed for the home of your dreams.
Reply:If the property is in California I would be able to help you.


Contact me at ttiraturyan@yahoo.com with property location, its value and your income.
Reply:There are some loan programs available that are NOT credit score driven. BUT, they do have credit requirements. The best advice, pay all bills on time for 24 consecutive months, no collections or late payments etc. and then look into a my community loan (area needs to be qualified and so will you) as well as FHA.





get a copy of your credit report NOW and correct any things incorrect and possibly settle any collection items that can be settled. This will stop the collection process. got to www.annualcreditreport.com





Hope this helps, Good Luck
Reply:Just recently guidelines have changed so much that buying a home is going back to traditional underwriting with fha loans, and/or money to put down and good credit 680 or higher. I agree with the first person, get your credit report now and start working on your tradelines to get your credit history well established. Do not close any accounts, keep payments current and open, try to open new accounts to establish new and good history. Good for you to start working on your credit before you find the home of your dreams. Work with a loan officer that can and is willing to work with you and your credit to get you on the right track. Good luck!