LoveToKnow Mortgage:AllComments

From LoveToKnow Mortgage

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Kris, LoveToKnow is an informational site and is not affiliated with any lender. You will need to speak to a representative with a mortgage lender to find out about your eligibility for another loan, but with your current foreclosure situation be prepared to have trouble finding a loan within the next couple of years.

-- Contributed by: Tamsen Butler

Our house will be going on a foreclosure auction sept 22nd...cant afford to pay rent on a 3 bedroom home in our area? we found a 3bedroom trailer in a mobile home park for $17,000, and we think this would be cheaper to purchase that than renting, but with our credit...would you finance us?

-- Contributed by: kris

Start by using a mortgage calculator to find out how much you can borrow and still stay within your monthly budget for a payment. If the amount is enough to purchase the home you're looking at, contact a lender to fill out a mortgage application. Good luck!

-- Contributed by: Tamsen Butler

i need to find a loan to by a forecloser home very soon ,i rent a mobil home and the homeis for the landlords sister. would lie settledin ounce and for all. can pay 200.00 to 325.00 a monh. thank you very much for any thing you can do for me

-- Contributed by: donad l Bulock

Thelma, unless you are willing to wait a few years while you work at improving your credit score then you'll need to deal with a lender that specializes in subprime mortgages. Lenders like this are a lot less common than they used to be, but as long as you are willing to pay high interest rates and ample fees then you may be able to get approved. Your chances improve if you have a sizeable down payment for the mortgage. My suggestion is you start the process by checking with the Federal Housing Administration (www.fha.gov) because this organization may be able to assist you in getting approved for a home loan despite your credit issues. Good luck!

-- Contributed by: Tamsen Butler

I HAVE CREDIT ISSUES AND I'M WANTING TO BUY A HOUSE ITS AND LOUISIANA LAYAFETTE DUSON THE SELLER IS WANTING 50,000 FOR THE HOUSE ITS A 4 BEDROOM 2 BATH HOUSE RANCH STYLE IT SAT ON A 1/2 ACREA OF LAND I NEED HELP RIGHT NOW I LIVE IN GA BUT I'M FROM LA WANTING TO MOVE BACK

-- Contributed by: THELMA JENKINS
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