Early mortgage with bad credit?

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Okay, I have bad credit, but a lot of money. Me and my boyfriend an i are looking to buy a house. Preaproved I have problems. my friend has good credit, but no “proof” of a job because he works under the table. So my question is not everyone as a good company to know thorugh that will work with me because I was not the best credit?

6 Comments
  1. Reply
    KC
    February 9, 2011 at 2:19 am

    Loans like you are asking for are exactly what created the financial mess we are ALL in today- worldwide. Institutions offering loans to people with bad credit or people with unverifiable credit. Why do you have bad credit?….what ever the answer is exactly why you can not (and perhaps should not) get a mortage loan today. Try coming up with 30%-50% of the value of the property you are trying to buy and you may find a mortgage broker who can get you both financed as you will have sooooo much to lose they wouldn’t believe you would blow off this debt too.

  2. Reply
    ღ†Rocker Wife†ღ
    February 9, 2011 at 3:15 am

    With bad credit, your chances are slim. Your only hope is to save up a whopping down payment (at least 30%) and have job stability and make exceptional income. These things will compensate for the poor credit rating. So if you earn $ 100K a year and have been at your job 5 years or more and have 30% to put down, your credit report won’t weigh as much.

  3. Reply
    exactduke
    February 9, 2011 at 3:59 am

    You have bad credit & your bf has no proof of income. Good credit & proof income are pre-requisites to get a loan. You have neither. Try in 4 or 5 years when you get a respectable credit score. Othewise you are just wasting time & effort.

  4. Reply
    Lissa Lim
    February 9, 2011 at 4:29 am

    There have been a several options for lending.just you have to choose depending on your purpose.Most people come up with bad credit for a loan.i don’t think it is not hard to get now a days with out having fair credit score.check this is place may be a help to find solution.

    http://www.bestonlineloancompanies.com

    You can get approved for an online loan on same day.i advise you to pick loan from certified lenders .direct loan is the good choice so that you will get at low apr compared to different states..

  5. Reply
    Trent Loan
    February 9, 2011 at 5:14 am

    Don’t waste your time. Try again when you have all the necessary proof in hand.

  6. Reply
    Tom
    February 9, 2011 at 5:25 am

    credit-report-free.totalh.com – try this service to boost you credit score before getting loan. After credit repair you can get the loan with minimal interest rate.

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