Need information on a mortgage loan, and ok for the state to borrow?

Deal Score0

I want information on the best way to get approved for a mortgage of the state. My fiance and I just a bad credit … 590 mid score, but a really good income and have to our credit recently. I found a house that we are very cheap state and want to buy it. He intends to stay in our country and work for a while, until he can move. Is there anywhere to apply for a mortgage through a State loan to people ok? Im worried if I made a lot of places in a statement that makes our scores are even lower. His return would not be a problem, however, pay the mortgage because the house is just over 60K and it does every year, and so do I. Any suggestions?

  1. Reply
    January 22, 2011 at 10:09 am

    Why shop around and take chances on having that score go any lower? My advise to you is go with a National Lender that uses their own money to fund loans. I help families every day purchase homes out of state no matter where your living or where your buying. 590 is still a score that can get you qualified for a loan however some restrictions will apply- the trick is finding a lender that knows what to do quickly without causing you headaches. I can help you.

  2. Reply
    Your Property Path
    January 22, 2011 at 10:15 am

    Yes. Go to Go to the Mortgage section (easy to find) and then use the Mortgage quote button. This is a no cost way to have four to six banks and brokers compete for your business.
    See what offers you get and then read the May 11 article in the our blog series….its everything you need to shop competitively and choose wisely….no fees involved using the site.
    Good Luck!

  3. Reply
    January 22, 2011 at 11:03 am

    I won’t try to sell you anything:

    Answer 1) Being out of state will not effect your mortgage at all. you just need to get a loan with either a local bank or credit union in the area you are moving to or a nationwide lender.
    Answer 2) Getting a mortgage for low to mid credit is not a problem.. how much you will pay will be, so always shop around for rates.
    Answer 3) yes submitting applications to places will lower your score a bit, I would start slow and tell the lenders your story, since you know your score, they should be able to tell you the ball park rate over the phone, you should talk to them before submitting a application to find out if the rate is reasonable.


  4. Reply
    January 22, 2011 at 11:48 am

    1. I have great relationships with mortgage professionals nationwide and can get you connected with somebody to help.

    2. It maybe one of the 15 states that I am licensed to do loans in.

    Feel free to write me or email me at:
    Or simply fill out an application at: That will go directly into my email so that I can review it and either send to a friend or help you out myself.

    Thanks, and I look forward to helping.

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