Can person in prision get a home mortage loan.?
959714
Yes, a person in prison can get a mortgage on a home. The reason is credit history prior to prison. Being in prison by itself is not a negative thing regarding credit. However coupled with poor history priot to will make a lender see you as a much higher risk. Remember, it is not you that represents the money involved, but the real estate property. They evaluate you on your ability to repay the loan. They know if you default, they can repossess and sell the property to recover their investment, wich means time and effort on their part which will reduce their return on their inventment in you, so it comes down to you and how well you are evaluated as a risk for repayment if they make a loan to you. They make their profit on you repaying the loan over time, from the interest. It is in their best interest to get the most profit if you pay the loan in full as scheduled. Anything else, and they get less of a return, say if you pay off early or default and they have to sell the property. If you have a business or something which generates legitimate income suificient to make the monthly payments they will require plus taxes and insurance, then there is no reason NOT to loan you the money and if they refuse you credit, you can take them to court on descrimination grounds. They may, because you are a lawbreaker, charge higher than the market rate in interest because you would be in their opinion, a higher risk than an average employee of a company. That all being said, there is nothing to stop them from seeing a person in prison as a bad risk since they broke the law once, so what stops them from doing it again, so your rating goes down on a subjective point and you would get a much higer interest rate for being higher risk.\n\nBottom line, yes you can get a mortgage even if you are in prison, it just may be much harder and cost more in a higher interest rate than the average joe with no bad credit history.\n\nI am not a lawyer. I am not a banker. I am only giving you  my opinion based on my expereince with my own mortgage being in the military, which is kind of like prson in that military and single is a very high risk category which I equate with that of a prisoner.
424421
There are lenders that could help you a little if you had a job. That is you problem. You have to have income that can be verified and job history to support that. Being a student and not having a job will make it impossible for you to buy a house unless you have someone that will say that you work for them and do a "stated" loan which is where they don't verify your income.
482935
There are plenty of companies that offer 100, 103 and 107% loan options.  Lending Tree.com would be a start.
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!
796405
try borrowing from prosper.com. It is a people to people lending site that's getting very good reviews. Good luck..
1122120
You can typically have anyone as a co-borrower on any coventional loan. Your issue may really be a non-occupant co-borrower if that person is not going to make the property their primary residense. If this is the case then the rules will vary lender to lender and program to program. Also, is this a purchase or refinance? \n\nDrop me a line with the specifics of your deal and I will see what I can do to assist you.\n\nKevin 866-562-6838 x 106\nkruorock@firstratelending.com\nwww.firstratelending.com
9051
The bank would much prefer you to make your payments compared to taking on a property.  Talk to them.  A lot of times they can work out a deal.
316870
There are loans that do not require any documentation, or only require verification of assets.  You will need good credit, and might need to put money toward a down payment to keep the interest rate at a decent level.  Call a mortgage company.
99586
Not exactly if you are renting. If you can prove that you have a regular source of income such as paystubs, etc, you should be good to go.\n\nBut if you are buying.. it will impact ur ability to seek loans
443411
One day.  If you kept some payments on time throughout the Bankrupcy and have a decent credit score you can qualify for up to 100% financing.  Contact your local mortgage broker.  There are only a few banks that will do that so your rate won't be great.  I'm working on one of these loans right now.  They discharged in January and I'm getting them 100% financing.  After one year it gets much easier and your rates get better.  After two years you can get a mortgage just as easy as if you never went bankrupt in the first place.
10570
Try Regional Mortgages.\nhttp://www.regionalmortgages.com
1072002
It depends on where you are and your credit score.  I signed a borrower who had just gone BK and was getting a loan within couple of months (I’m a signing agent notary public in CA).\n\nOther options would be to try to find a property with owner financing.
873720
Just phone up any mortgage company and ask them. If they don't do it themselves they might know who will.\n\nJems xXx
1021881
Each State has there own rules governing. Has he been assigned a PO yet. That is the person that holds the key. You should have a local aid who can answer these questions for you. Look in the community part of your phone book. Good Luck
239189
It's not easy, and without more information I cannot give you direct advice. But visit the mortgage Professor - you'll find a link to his website on mine.\n\nSee source pages below.\n\nGood luck!
654106
Yes U can get a loan from any bank -check out the main branch of any bank -lots of banks provide the student loans.
968490
very often unless your US military, that won't happen.\nhowever, you can get finanical assistance, through a payment plan.  Best wishes.