What is the best mortgage company for someone who just okay credit and not alot of money to put down?
101150
You should go to a mortgage broker. They help you find the best mortgage lender for your situation. \n\nThey don't cost any extra as they just get a cut of the money the mortgage lender makes. At least that is the idea, you still have to be a wise shopper.
576753
Your credit score could affect your ability to get a loan at the best rates.  There are plenty of companies that prey on people with less than perfect credit and offer loans that are really bad deals.  \n\nYour realtor should be able to recommend a reputable mortgage broker who can help you find a reasonable loan and understand the terms of that loan.\n\nThe less money you have to borrow the more comfortable a bank is about loaning their money to you. Banks will feel most comfortable lending you 80% or less of the cost of the house.  That's why you don't have to pay for PMI if you put at least 20% down. (PMI is private mortgage insurance.  If you default, this insurance will pay the bank.  It WON'T get YOU off the hook - you'll still owe the bank).\n\nOne way to get around PMI if you don't have 20% to put down is to basically take out a second mortgage on the house to borrow what you can't cover out of your own pocket.  However, that second mortgage ain't cheap.\n\nOther ways to get into a house without much cash is to take out an interest only loan or an adjustable rate loan.  If you are going to be in the house for a while, those loans can be riskier than a traditional mortgage since the loans are basically drawn up to favor the lender.   \n\nGood luck!
571979
There are plenty of lenders that do loans down to 500 fico score. You just need to not have any forclosures or repos. Find a great mortgage broker that specializes in shopping for lending for those with credit issues. Push comes to shove, you can seek a credit repair specialist that can get your score up to a 560 so that you can qualify for a 80/20=100% financing loan in your area. Credit repair is costly, usually $45/line item/credit agency to get rescored, but you must be willing to either pay the debt or have a lawyer "fix" your credit using their methods.
789047
Contact fannie mae (www.efanniemae.com)  they have recently added some programs for their MyCommunityMortgage thing that is meant to help people like yall.  I work at a mortgage company and we have been able to get people in homes when they had bad/nocredit no savings no down payment no assests. Youd be surprised what you can get if you go through the right lender. good luck!!!
1026198
Go to a mortgage company and tell them you want to build up your credit. Thats what im doing and I got approved for a 125,000 dollar house.
29088
In order to get a 1st mortage without Mortgage Insurance (which is a non-tax deductable insurance policy you may monthly to insure the lender in the event you walk away from the loan), the loan amount cannot exceed 80% of the purchase price.\n\nYou can either put down 20%, or get a 2nd mortgage to cover the difference between what you have to put down and the remainder to keep that 1st at 80%.\n\nIf you can put down 20%, great!  You should.  If you don't have that, you can go with 10% or 5%.  Some places will allow you to finance 100% of the purchase price, as a 80% 1st and a 20% 2nd, but the rates are typically higher.\n\nAvoiding mortgage insurance (sometimes called "M.I.") is your best bet, because it doesn't benefit you in any way, shape, or form.  In most cases, the payment you will make on a 1st and 2nd will be the same as, if not slightly lower, than the just the payment on the 1st plus mortgage insurance.\n\nRemember that you'll have closing costs, too.  It is in your best interest to shop around for rates, just don't take the first quote you're given.  Do not allow your credit to be pulled unless you have decided to do a transaction with that particular company.  Credit inquiries will lower your score for several months, and might bump you out of a good rate or program.\n\nJealously guard your credit!
133083
Start with a mortgage broker.  Talk to your friends and/or family and have them refer one to you.  Talk with the loan officer and don't be afraid to ask questions.  Make sure you feel confident and comfortable with them.\n\nAlso, shop around for rates.  You owe it to yourself to get the lowest rate at the lowest possible costs.  Ask each person to give you a Good Faith Estimate and if they would be willing to lock the quoted rate same day.  (Rates can change throughout the day, so don't spend *too* much time shopping around).\n\nAlso, do not allow people to randomly pull your credit.  This will lower your score for several months, and excessive  inquiries may lower your score enough to disqualify you for the best possible rates and programs.\n\nMake sure you are 100% honest and up-front with your loan officer.  We can typically navigate through many problems, but the ones that surprise us can sink the ship.\n\nGood luck, and happy hunting!
1069800
Put in refinance mortgage bad credit and see what you get.\n\n\nLC
589825
home loan: www.naca.com  \n\nthey are a non-profit housing advocacy group and they will work with you to improve your credit.
638792
www.naca.com\n\nIt's a non-profit housing lender, they make their own loans and also work with some lenders.  They will require you to get your credit on track and they will help you with that.  Check them out.
1144172
Best way is the 80/20 with a credit score of 580 and above you don't have to put any money down. And the closing cost can be as low as 1 percent, and you might not even pay for closing cost at all.  \n\nIf you do need a loan or both contact me for help..\n\nssvay@alglender.com
1114008
TERI is a great company, popular for their competitive rates and flexibility (in the sense that they allow you to choose your lender) -- if they approve you, by all means, go with them.  However, they're unlikely to approve someone with bad credit *unless* you have a creditworthy co-signer who also has proof of income/employment.  Read TERI's eligibility criteria -- http://www.teri.org/loan-center/loan-programs/undergraduate/eligibility.asp -- and see if they're a match to you.  If not, check out FinAid's list of popular lenders, read up on their loans, and pick one with less stringent credit criteria: http://www.finaid.com/loans/privatestudentloans.phtml
352118
try Capital One. but alot of credit card companies will try to work with bad credit just the intrest wont be that low. if that doesnt work try a secure credit card.
357290
Go to Lendingtree.com\n\nI got a Mortgage after my wife declared bankruptcy.
406947
Oh!  Another dragonfly!\n\nNo I haven't used them, and yes, I'd be worried about all of that data because you don't want a bunch of bozos pulling your credit report and driving your credit score down.  I used CTX Mortgage and they were good.  They are their own lender so their margins are bigger than many banks because they are lending out their own money.  Or try www.naca.com if it's your first home.
141210
I would try RegionalMortgages.com\nWhy are you going NoDoc?  Self-Employed?\nIf not try to avoid NoDoc as the rates are typically higher than traditional mortgages.
84967
If you have clean credit then you can get 100% financing from any mortgage company. Make them look at a 100% one loan, and an 80/20. The reason for this is so you an see what is cheaper to do, considering you will more than likely have MI.