Posted on: 09th Sep, 2007 09:22 pm
While we don't have much saved up, we are looking for a mortgage that can work with the fact that we have no credit score. We are looking at a house that is less than 2 times our income, it will appraise for asking price. Most of the money we have set aside will go to closing costs. Anyone know where I could get a mortgage with no credit score and a low down payment.
It is better to ask a lot of lenders and do some comparison...but i agree with what Xeda just said...
If everyone followed the advice given above, there would be no predatory lending anymore.
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