How To Buy A Home With Bad Credit in Orlando, Florida

Buying a home in todays' market with a credit score under 620 seems like an impossible thing to do. While some lenders will support a 620 score, some are looking for a score of at least 640. How do you win in this game, especially if you have just gone through some life changes such as a divorce, a short sale, a foreclosure, a bankruptcy to name a few.
As we are active in the Real Estate World, we see so many disappointed buyers, unable to buy a home because of their credit. Some make the income but just dont have the credit. How do we solve this issue. The first thing to do is really to seek credit counselling as we not only want to correct the problem but we also want to make sure it does not happen to us again. Credit counselling is a great way to start improving your credit and getting rid of items that was falsely or wrongfully recorded.
Ok,,,that is all fine and dandy but how do I buy a home now with a credit score under 600. Well, I am glad you ask. We have teamed up with a lender who now supports a 540 credit score Yes you read it right.....
This is the disclaimer from our Mortgage partner...
If you have less than perfect credit and is looking to purchase a home then this could be your solution. Find out now they can help you. Your maybe surprised,,You may be able to get your new home sooner than you think. Once you qualify, you will need to start looking at homes. And also decide where you want your new home to be. Well that is where we come in. Search all available homes in Central Florida and surrounding areas.
If you have done a short sale or is thinking of doing one and then purchase a home...get the correct information on completing that successfully.
Follow us on facebook for up to date changes on the real estate market. Now is the time to get in that new home whether as a first time home owner or your second or third home. By the way, do you know that if your have not owned a home in 2 years that makes you a first time home buyer all over again. So if you lost your home or sold it and have not owned in the last 2 years you would still qualify for the first time home buyers program....
Buying a Home with bad credit or a low credit score is possible and can be done. The key is to find the correct lender who will listen to your story and qualify you as an individual not as someone who did not fit the profile.
Article Written by Sandy Giff/ Associate Broker/ The Giff Group/

or


Similar categories
Nearby Cities
Copyright © 2024 Americanlisted.com, All Rights Reserved.
Designated trademarks and brands are the property of their respective owners.