Comments on: Where are the low-income home mortgage lenders that actually make home loans to families with low incomes?

By: arthur d

arthur d — Mon, 22 Feb 2010 10:40:59 +0000

Hello
I am a broker. Do you make 2k a month? How much is the house that you are looking at? Do you have a down payment? or is the seller of the property willing to give you a seller held second on the property plus pay your closing costs. If you can answer these questions realistically, then i can help you acheive your dreams, the rate might not be favorable but your credit score might be higher than what you think it is. A credit report that you pull of line is actually lower than a mortgage credit report. What state are you in?
References :
Http://www.apexmortgage1.com

By: kansas_girl_28

kansas_girl_28 — Mon, 22 Feb 2010 10:19:59 +0000

The places that advertise low income mortgages typically have high interest. Be careful. I’d start by going to your local bank or lender and get yourself pre-approved to find out what you qualify for and go from there.
References :
I’m a realtor.

By: katb

katb — Mon, 22 Feb 2010 09:30:59 +0000

If you live in a rural area than look for a bank that does Rural Development loans. Up to 115% financing for low-moderate income. Otherwise look for a bank that does FHA loans.
References :