How to buy a home with little money down and bad credit
Table of Contents: 03:33 - Down Payment Assistance Programs 04:40 - Minimum Down Payment Required 04:57 - Minimum Credit Score Required 05:40 ...
Mobile Loans Bad Credit – Annual Percentage Rates Range From 6% – 35%
It’s important to review your loan offer before accepting. The rates and fees will be set by your lender. Our company is not a lender and does not provide lending services directly to consumers.
What You’ll Need
A valid state driver’s license is required for each request
Your social security number is needed to verify your identity
A home or cell phone is required to contact you
At Least 18
US citizens or permanent residents over 18 years old
You’ll need a checking or savings account
It does not matter if you rent or own
You must be employed, self-employed or receiving benefits
It doesn’t matter what your credit score is!
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We compare loans that can be paid back over terms of between 1 and 25 years. The APR interest rate you’ll be charged depends on your personal circumstances, and will be between 3.2% and 99.9%
See the Top 5 Home Loan Services for people with bad credit as reviewed by BadCredit.org. Compare options for new purchase and refinance mortgages.
Conventional mortgage loans are those for which the lender alone is responsible, without insurance or backing from any external agency. In an FHA–backed loan, for example, if the borrower defaults on the loan, the FHA or VA will reimburse the lender for the bulk of the mortgage amount.