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Does A VA Home Loan, Help People With Bad Credit? Can You Purchase A HUD Home With A VA Mortgage?

There is an HUD home for around $30000, my budget an i are thinking about purchasing, we'd need a mortgage for around $50000. We don't have good credit, can a VA loan serve with that? Any other suggestions?
Just to clarify, the house is valued at


Answer: It can servants, they are less strict, it just depends on how bad is bad.

However, there is no way in hell anyone would lend you 50k to buy a 30k harbour. Even with bright shiny perfect credit this would not be happening.


 
 

VA Mortgage Loan With Bad Credit (580) Or Regular Mortgage Loan With Good Credit (780)?

Which is the sick deal?? Why?
Thanks!!
my fiance is a veteran with a low score, i have the solid credit score. we both make great money, and we have about $30,000 saved. we would by the poorhouse in only one of our names if it would help


Answer: Your credit patsy is your credit score - if you can't qualify for a regular loan with 580, you certainly won't suitable for a VA - especially since they don't require a down payment making your payments higher. Any loan with a agreeable credit score

 
 

Where To Get A VA Home Loan Mortgage For Low Income But Good Credit, Cautch 22, MINNESOTA?

I lately got out of the military last year and am looking to buy a home w/ a VA home loan. I'm in college full experience and working for the federal gov't part time. Because I only work part time my takings APPEARS to be very low right now temporarily


Answer: It positively depends on your wifes credit score. With FHA if she has over a 580, normally that's not an matter. If it's over 560, it is more difficult but can be done especially since your credit score is good. 530-560 we can still do but this is

 
 

Are There Any Reputable VA Lenders Who Work With Poor/bad Credit?

My bridegroom has bad credit from prior mistakes which haven't cleared from his record yet. We have had a few delinquencies with payments in the done months but are now up to speed and have most our debt paid off (except for a car loan and a few smaller


Answer: I only got a manual underwrite done for a VA client in Oregon.

You can check out this neighbourhood for more info and help.

www.vahomeloanhelp.org

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My Husband And I Have A Really Good Steady Income But Our Credit Is Bad Can We Still Get A Mortgage Loan?

Awaiting my husbands VA Disablity our credit exceptionally went down and it is still bad. Having a hard time getting it back up. We got a loan constable who said pay this & this off and by March 2010 we'll get you the $250,000 asking charge which


Answer: You may longing to contact the Va about home loans. You mentioned keeping your popular home. Will the new home be a vacation property or your primary manor house? What are your plans for the current home?
Will you rent or sell it? If you're

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Fannie Mae and Freddie Mac Mortgage Modification Help from Obamas ...

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