bad credit score

Submitted by Arya on Fri, 11/13/2009 - 13:52
Forums

Do you help people with low credit scores purchase a home my score is 450?

Hi arya,

This forum is for advice on repairing your credit. So if you need help in doing that there are a lot of people here that is willing to help. And you will probably will not qualify for a mortgage with a score that low. Pull your report and check and see if everything is reporting correctly. If it's not then let us know. We can give you advice on how to go about fixing it.

Sat, 11/14/2009 - 00:18 Permalink

You may find any lender for money to purchase a home, I would recommend that your first turn your attention to improving your credit score, so that you can obtain a loan at a better interest rate and with better terms.

If you can find a lender now, the loan you obtain will likely be at a very high interest rate, and could possible make purchasing a home impossible simply due to the prohibitive cost.

You can find several lenders who may be able to give you a better idea of the loan options available to you. Armed with information about credit and what loans you currently qualify for, you will be able to make an informed decision about the best time to buy a home and what you should expect to pay.

Sun, 11/15/2009 - 12:53 Permalink

As suggested in earlier post is to improve the credit score and then go for loan is the best option. It will definately provide long term benefit.

Sun, 11/15/2009 - 12:54 Permalink