Thursday, August 6, 2009

Are there any home loans that dont check your credit?

If so, is the interest rate higher? Because my credit is bad.



I got no down for a house. I heard of 1st time home buyers, what are the requirnment for that.



Are there any home loans that dont check your credit?

Sorry Mike.



Unless you want to take your chances with %26quot;Vinnie%26quot;, you%26#039;re pretty much out of luck. Your credit is the most important tool used when getting a home loan. There is no way around it.



There are programs for people with bad credit....you will just have to deal with a horrendously high interest rate.



Check with your local mortgage brokers and I%26#039;m sure someone will be able to help you.



Good luck and God Bless!



Are there any home loans that dont check your credit?

Yeah, check with Vinnie down at the club. No fuss, no muss, unless of course, you cannot repay with 100% interest. then, you get your legs broken.



Are there any home loans that dont check your credit?

Yes, loan sharks.



Are there any home loans that dont check your credit?

Everyone who plans to loan you money to buy real estate will check your credit.



However, it%26#039;s a whole lot easier to get a home loan than it is a car loan. First thing to do is locate a mortgage finance company. Sit down with them and be totally honest with them. They will help you in every way they can to put together a loan.



Then, they%26#039;ll send you out to find a home in your price range. Go for it.



Are there any home loans that dont check your credit?

any reputable loan source will check your credit. sorry man.



Are there any home loans that dont check your credit?

No They all check your credit. Yes, the interest rate is higher for people who have poor credit and they may not be able to get a loan at all until they have improved their credit rating.



There are a number of programs that will help people become first time home owners but even with a no down payment loan there are usually some up front and closing costs.



Are there any home loans that dont check your credit?

There are plenty of lenders willing to give loans for people with less than perfect credit.



If you%26#039;re looking for a government backed loan (like for a first time home buyer), you can usually find info on these programs from your state%26#039;s website. They will also give you a list of the requirements and the lenders that are approved to process these loans. Go luck!



Are there any home loans that dont check your credit?

The only way to do what you want here is if you have a minimum of 20% down. They have %26quot;no doc%26quot; or %26quot;low doc%26quot; loans where they don%26#039;t base it on your credit, but that is only if you are investing a substantial portion of your own money.



Look up www.naca.com it%26#039;s a non-profit housing agency that does it%26#039;s own loans. They will work with you to improve your credit and they have buyer education classes. They actually got started offering mortages through a settlement they won against Fleet Bank for Fleet%26#039;s predatory lending practices.



Good luck!



Are there any home loans that dont check your credit?

No,Your credit is not checked because they want to increase your intrest, but to see whether u have enough money to be able to pay them at alater stage.

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