Real Estate Blog

I am looking at buying a home. I have okay credit but no down payment. I am looking in the $150,000 to $180,000 range.

I want to buy a house and I need a pre approved letter from a bank or mortgage broker, how do I shop around? My concern is that the will have to run my credit to see what I quilify for before they do anything, correct? However,shouldn’t that hurt my credit score?. Should I first request to get their rates before the run my credit so that I can compare?

What are the government programs and where do I find them to buy a house with no downpayment credit scores of 718, 626, and 509. Thanks!
work historys: 718 credit= 7 years, 626=16years, 509=1 year

no rental contract..we rented from a friend…we regret him not having a contract now..we know we know….
Income is about 100,000 gross yearly for all 3 of us
we are working with a realtor now and looking at properties in the 200,000-300,000 range—need to be moved out of our current house because its been sold from underneath us in about 2-3 months time

I will have occupied the house for 3 years.

My boyfriend and I are buying our first home in Minnesota. My credit score was 630, bf was 680, our combined income is about 40-45k. We were pre-approved for a USDA home loan up to 135,000, and offered on a home for 129,900 and got accepted. The inspection was done and the home owner fixed all issues and the appraisal came back more than what we offered and we are now in the underwriting process. My question is what is the likelihood that we may be denied the loan? They said we should hear back by the end of the week or Monday, but I have been worried sick about it. I had to fix a few things on my credit before we got the pre-approval and don’t know if that matters or not. Thanks for any advice or help.

All I can find online is the income stipulations and the eligibility requirements, but not what it’s for. We qualify financially and in our area, but what is it?
Thanks curse08. Sounds like nothing we want then! We have 20% down, but the home does need asbestos abatement so was wondering if this was a better option. Sounds like it is not in our situation!

My family is low income and we badly need to move. Our current landlord won’t fix our place without raising our rent, even though it has been deemed a hazard by the health and human services.

We found a cheap farm with a few acres and are looking for a housing grant. We can’t get a loan, we need a free grant. Is there anything like that out there??

I’ve looked online but all I can find are scams. Help??

Crystal

Me and my husband have suffered a foreclosure almost 5 years ago and other blemishes on our credit. The house we want to buy is in a USDA area but needs repairs like paint and flooring. Would we have a chance with 10% down.

I live in California (kern county), and wanted to buy another home to rent out. What do I need to do to get another home? I.e. how much downpayment, type of loan, and waiting period? I presently have a USDA loan for the home in currently living in. Thanks in advance!