Posted on: 24th Mar, 2010 05:57 am
want to purchase 2002 fleet wood used mobile home. 16x80 3 bd,2 bath.it doesn't have to be moved. cost pay off price 30,000.we have poor credit due to husband layoff in 2002,and medical bills due to son having super bad automobile accident in 2002 also.
.really love this home. husband has got a great paying job for the last 5 years-now.can someone help us?
.really love this home. husband has got a great paying job for the last 5 years-now.can someone help us?
Welcome dobb,
With a poor credit, it would not be possible for you to get a home loan. In today's market situation, the lender would not give you a mortgage if you do not have a credit score of 700-720. If you're planning to get a FHA loan, then you would require a score of 600-620. Check out the given page to know some steps to improve your score:
http://www.mortgagefit.com/credit-rating/credit-repair.html
With a poor credit, it would not be possible for you to get a home loan. In today's market situation, the lender would not give you a mortgage if you do not have a credit score of 700-720. If you're planning to get a FHA loan, then you would require a score of 600-620. Check out the given page to know some steps to improve your score:
http://www.mortgagefit.com/credit-rating/credit-repair.html