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The Watercooler
Anyone know where to get FHA mortgage with 600 credit?
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<blockquote data-quote="susiestar" data-source="post: 255054" data-attributes="member: 1233"><p>You might also try a mortgage broker. We had better credit but no down payment $ (LONG story people who were here a few years ago might remember). husband had just finished grad school and gotten a job. I was a stay at home mom because my health and all Wiz' issues. The mortgage broker really helped us, and we actually ended up with a much better loan than our credit union would have given us with a full 20&#37; down payment! I checked on it at the time and again a couple of months ago. I was surprised, but quite pleased. We ended up with a brand new home on 3/4 acres with a smaller payment and mortgage than several older homes on smaller lots we looked at. And, fingers crossed, with new homes you have less maintenance for a few years!</p><p></p><p>I know we just got a flyer from the broker and he is working with people with scores in the low to mid 500s, so maybe one in your area could help you.</p></blockquote><p></p>
[QUOTE="susiestar, post: 255054, member: 1233"] You might also try a mortgage broker. We had better credit but no down payment $ (LONG story people who were here a few years ago might remember). husband had just finished grad school and gotten a job. I was a stay at home mom because my health and all Wiz' issues. The mortgage broker really helped us, and we actually ended up with a much better loan than our credit union would have given us with a full 20% down payment! I checked on it at the time and again a couple of months ago. I was surprised, but quite pleased. We ended up with a brand new home on 3/4 acres with a smaller payment and mortgage than several older homes on smaller lots we looked at. And, fingers crossed, with new homes you have less maintenance for a few years! I know we just got a flyer from the broker and he is working with people with scores in the low to mid 500s, so maybe one in your area could help you. [/QUOTE]
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Anyone know where to get FHA mortgage with 600 credit?
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