Best Mortgage Company to get approved for a mortgage?

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My husband has a limited credit (590 credit points), but nothing wrong with his credit. Does anyone know what mortgage company is likely to approve a loan to us for the first time buyers and 100% financing?

  1. Reply
    robert w
    February 15, 2011 at 7:49 am

    sorry u need to keep renting seriously.
    read ‘house buying for dummies’
    understand todays market =s u being subprime high rates .
    keep renting and save ur selfs 10,000s$ .

  2. Reply
    February 15, 2011 at 8:29 am

    Depending on where you live and what the housing market is like you may or may not be eligible for a decent home loan. Given the problems with the current loan industry and real estate market, and that the rates will come down further, my suggestion is to wait until things settle. This will also allow you and your husband time to pay down on your current obligations and allow you to have a higher Fico score.

  3. Reply
    February 15, 2011 at 8:49 am

    impossible, unless you show them a down payment of 50%

  4. Reply
    February 15, 2011 at 9:09 am

    You may be approved for FHA loan with 97% financing. Assuming that it is buyers market, you may get lucky and seller’s contribution will cover needed 3%. Keep in mind, it is important: you better look for honest and reliable mortgage specialist than the company. Conditions of your loan depend mostly on him. His job is to find a company and arrange the loan to suit your needs

  5. Reply
    John the helper
    February 15, 2011 at 9:30 am

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