mortgage programs for single parents
Is there a way a person can get a bad credit mortgage?
I've heard that programs to help state people. The problem is I make too much money to qualify for these programs. Does anyone know a mortgage company that can help? Are there any programs for single parents? (Single Father)
It is a difficult period of mortgages with less than perfect credit to obtain. You can still find one, but chances are they will have a significant deadweight … more than 5% want. More like 10 or 20%. Expect a fairly high rate. FHA is for the first time home buyers. I knew a man who made good money and could one of these loans. Although things can get tight now have much. Your best would be to pay for the work out / down your short-term liabilities and save some money on the side. Then in a year, go back into the housing market. You will be the benefits of a larger down payment and a better credit rating.