best deal on a mortgage with 500 fico score?

[JBC]

best deal on a mortgage with 500 fico score?

[mrtopproducer]

I would shop multiple lenders and explain to them upfront your FICO score. Many lenders such as Countrywide have hundreds of loan programs.In the long run it teaches us how important it is to have a good FICO score, by watching our debt and paying as agreed.FICO score can improve over time.I once had an experience where my insurance was to pay a hospital bill, the hospital turned the claim into a collection company and the collection that I personally paid, stayed on my credit report for years.My expereince tell me the more active one is in the real estate investment business by purchasing the lower the FICO score.In conclusion paying on time is important.Another alternative is the consideration for Owner Financing.Best to You.

[Zelig]

try Befenicial. they are a national lender who have their own underwriting guidlines. they look at lots of factors - and i have heard they don't really care about FICO. they look at equity, length of stay at residence and other thingson the other hand - be prepared to pay out the butt for their programs - even still - may be worth a call.

[fisherman120]

The best loan I have seen for someone with a 500 score is right around 20% down. We help people increase their scores so they can get better deals within 1-2 years. For more info please call 813-995-0633