I would stay away from Lending Tree. They are known for bait and switch. With scores like that you should be able to FHA. That way you will have a nice low conforming rate. Your second option is to go non-prime, but your rates will definetly be higher. So I guess the answer is yes you can get 100% with your scores and based on the information you have provided.
You should be able to get 100% financing as long as you are planning on living in this home. I do not know what your debt situation is, but as long as you meet the debt-to-income ratio, you should be fine.
I am looking to buy my first home either for investment or personal in Michigan. However, I have no downpayment and less than $4k monthly income with about $800 monthly debt (school and car). Is it possible to find 100% financing for $145K house?
There is a possibilty that I may have $200-$500 cash flow from another property I am sandwich leasing. If this deal falls through, is it impossible for me to buy a house?
Your best way is to find a lender, let them review your credit and your income situation. This way you will know exactly how much you can buy, and any pitfalls that you may run into and will need to be able to explain or have documentation to back-up (typically credit or income information). Even realtors will tell you, get pre-qualified before you start looking. Hope this helps.
Your best way is to find a lender, let them review your credit and your income situation. This way you will know exactly how much you can buy, and any pitfalls that you may run into and will need to be able to explain or have documentation to back-up (typically credit or income information). Even realtors will tell you, get pre-qualified before you start looking
I agree w/ christopher with one small exception. If you are serious…do not waste your time getting prequalified. I believe that he meant get yourself preapproved