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Are there still lenders out there that can help us?

My husband and I are 1st time home buyers and is looking to buy a home in zip code 66203. The house is $160,000. My husband's credit score is about 630 and mine is 580. We would probably be able to put a down payment of $6,000-$7,000. We realize that lenders are more strict on their criteria for approving loans, but is there any hope for us? Thanks. by Inpone Namphengsone from Kansas City, Kansas. Feb 27th 2012 Reply


Bert Carpenter (BertCarpenter)
#37 ranked lender in Arizona - 1,823 contributions

There are many different options available to you. Contact a local Mortgage Banker/Broker to work with you. Many times I come across individuals in similar circumstances and in a matter of days we can have one or more items on the credit report corrected, updated, re-scored and voila, a 640+ score. I recommend using a local Mortgage Banker/Broker, rather than one of the big banks. Unlike a bank employee, who is most likely just an order taker, a Mortgage Broker/Banker is Trained, Tested and Licensed in all aspects of Mortgage Origination. He/She will have access to loan products of many lenders, not just those of one bank, and can properly guide you. But more importantly, He/She is trained to take a look at the various different options available to you and guide you into the one that makes the best sense for your situation. Don't forget to check out your selected Mortgage Originator at the National Mortgage Licensing System at www.NMLSConsumerAccess.org ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ www.LoansA2z.com

Feb 27th 2012
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Cody Bellah (cody@communitymortgagekc.com)
#17 ranked lender in Missouri - 71 contributions

I have 2 lenders that will go down to a 620 credit score....how much does your husband make per year?If you would like to call me to discuss it further I can be reached at 816-256-0013. Cody Bellah.

Feb 27th 2012
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VINCE GARDEN (globalprivatelenders)
#36 ranked lender in Kansas - 3 contributions

There is hope for you, It is true that lenders can be strict but not all so contact me at: globalprivatelenders@gmail.com and lets make it work for you.

Feb 27th 2012
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J D (jjfsmithloans)
#604 ranked lender in California - 27 contributions

NatSouth finance is offering out loans to individuals at a very low and affordable interest rate of 3.5% per year. Do you need a loan to pay bills? Loan to buy a house? or personal loan for a special reason? Contact us now for your financial solutions. We do not fail our approved clients as we ensure they receive funding as soon as possible without any delay. Upon approval of loan application, you get funded in less than 12 hours. Contact us NOW, e-mail: jffdbridgeinc@live.com

Mar 28th 2012
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