low fico scores

Financing, Hard Money Lenders, Private Money
1

is there any lenders out there that can do 100% loans with 520 middle ficos . ihave seen some banks that do this called low fico scores . have a foreclosure from 4years ago and dismissed 13from 3 years ago. im in ohio and dont want to put moneydown. is this possible. i have started rebuilding my credit a year ago. i know the interest rate is going to be high to statr over. just wanted to know if this is possible

2

lucky,

With scores like that byou will be hard pressed to find 100% financing. There are some lenders on this board that may be able to help you, but you are looking at 12% plus type rates. You might look for an owner financed property while you work on getting your credit cleaned up.

3
  1. YES getting owner to do a deal with you would be best as the get a note from you as you will make payments and then they try to sellthe noet /// paper off to some one else asap
4

Hey LuckyOne, If you tell us EXACTLY what you are looking to acomplish, we can help steer you in the right direction.

Are you trying to purchase a primary residence? Or an investment property?

Where are you looking to buy?