How can I find  affordable housing based on income without good credit but willing to rebuild?
356429
Start rebuilding first before you buy.  It's not hard.....request your reports and go over them carefully, dispute what's wrong, and start paying your bills on time.  If you can't do that, then your not ready to buy. No one will sell you something based on your income that I know of.  You have to prove to them that if they make you a loan, you will pay it back.  Your credit report is all they have to go on.  Good credit is one of the most valuable assets you can have.\n\nOnce you show about 6 months of paying on time, paying down debt, you will be in a much better position to get a loan.
796405
try borrowing from prosper.com. It is a people to people lending site that's getting very good reviews. Good luck..
468978
Check out Prosper.com   It is a really neat website to get small unsecured loans.\n\nIf it has anything to do with real estate, email me and I will send you my groups contact information.   matt@eastbaylending.com
219834
try houses seized by government auctions, they may have some fixing up to do, but I'm sure it would be way cheaper than buying a new one (especially on a loan)
857843
Most states have a first time homebuyer program available for people who have never owned before, low credit score are acceptable, your income must be below a maximum guideline.  Low interest rates and immediate second morgtages for closing costs are usually available.  Chech with you local banks, they will know what programs are available.\nGood Luck!
858639
If you owe money to the IRS, pay it off.\nThere are many lenders that do mortgages for people with less than perfect credit. Some will do 100% financing with credit scores of 580+. You should know exactly what your credit score is and you there are many places that you can get a free report.\nNo bank will finance you with IRS liens, but if they are not liens yet and you are paying them, call a broker in your area and see what you can do. It is always better to own than rent.
1018869
Try to find a rent to own. My husband and I had bad credit and wanted our own home. \nWe looked in our daily local newspaper and found a 3 bedroom -2 bathroom ,2+ acres and all we had to do was sign the lease and give a 1000.00 down and we were in.\nA lot of rent to owns don't do a credit check. \nWe pay 640.00 a month and that includes insurance and water.\nWe pay 200.00 a yr in taxes. We have now been in our home 1 yr and loving it!
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!!!
1084310
The only way to fix your problem is to sell to a house buyer. They will let you pay rent to stay in your home than sell it back to you at market value when you've fixed your credit. But only if there is potential marketable value to your home.\n\nAnd a private lender will end up costing you more. Ck into FHA
212006
Most complexes run one but some don't count medical.If it's a past landlord try to make it right with them.Check your credit and see what is holding you back.You might be able to pay the first 6 mos. or so to get past it.Tell the office up front that you have bad credit and see if they offer advice.Ask if you have a co-signer if it would help.Try a private owner.Ask your current landlord for a reference letter.Call the housing commission in your area.There is usually one place that will help you out but make sure you appreciate it.  Good Luck!
414246
Well, this may be a start:\nhttp://www.affordablehousingonline.com/housingauthority.asp?State=AR
341399
Depending on how bad your credit is- there are many things you can do.  FHA loans are not credit score driven- but you have to clear all outstanding collections and judgements.  Otherwise you will need a downpayment.  Sometimes you can get seller concessions, there are many county programs out there to assist low income people...\nContact a mortgage broker and they can let you know what you may or may not qualify for after running your credit.
268441
The best place to look would be Habitat for Humanity, usually it's programs are setup for low income households.  Or faith builders would be a good start too.
281287
If you have excellent credit you can apply for a "stated" mortgage. That is where you "state" your income but don't need to document it. It will cost you another .25-.50% on your interest rate but you will be able to buy a home.\n\nGood Luck
784923
Try community banks. Any other type of financial institution would be willing to work with you esp. with the individual guarantees. Sounds like you should have no problem so long as the cash flow from rental income is sound.
1153442
Call a local mortgage broker (check your local yellow pages) and ask for a consultation, they are usually free or may charge a small fee (< $25)  for pulling your credit report..  Do not call a bank.  Mortgage brokers have many more programs available than banks and are more experienced in dealing with folks with troubled credit.  Anyway, they can pull up your credit and see how it looks.  It may not be as bad as you think.  If it is, there are programs such as FHA that are not credit score driven.  It always helps to have money saved up for a down payment, and while 100% loans can be obtained, you will most likely need a minimum of 3% down.  If you do not have the 3%, it can be in the form of a gift from family or friends.  There are 3rd party non-profit companies that you can get the donwpayment from, although FHA has been looking down on them lately.  Mainly b/c the 3% gets financed back into the loan....sort of...but I can't say that...LOL\n\nA good mortgage broker will have all of this information.  He/she should also be able to direct you on what to do if your credit needs a little repair.  If you are not ready to buy now, they can coach on what to do to be ready in 6 months or so.  Good luck with your dream of owning a home.
195300
Even if you have bad credit, but have good income, you have a good chance. But you're not meeting the criteria in either side. Bankruptcy is the last thing should come in mind. In your case I rather suggest you talk to a good good home refinancing or mortgage company. Try also to find someone to co-sign with good credit or high income.\nSee if you can talk to one of the agents in http://www.LendingTree.com they have connections with various banks, and online companies.