Fed Financial - How can I buy a home? What if I have bad credit and unpaid student loans? WHERE DO I START????

How can I buy a home? What if I have bad credit and unpaid student loans? WHERE DO I START????

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Well that is really going to depend on a lot of things. Do you have a particular/specific house in mind? How much - if any - do you have to put up for the home? I know that there are programs that help with people wanting to buy a home and some of the government grant programs help with things like a down payment but its going to depend on a lot of factors. Programs such as these - which are not loan programs - don't depend on your credit rating. You can visit my grant page if you want to find out more information. http://members.aol.com/Roseb441702/grants.htm
Ok, start by breathing deep and slow. It is not that big of a deal. The first thing that you need to know is what and how much you can qualify for based on your situation. This is easy to do. Go to the following site and get yourself a free, no obligation mortgage quote. For a few minutes of your time you can have all your questions answered. Good Luck.
first thing I did was go to a bank/mortgage provider and asked them what they would loan me for a mortgage after all the worst that can happen is they say they cant lend to you. if they can lend but they cant lend you as much as you might want you can go to an independent mortgage broker as they will be able to find more mortgages from different banks and building society's a lot of estate agents seem to have mortgage brokers attached to them. remember just because a broker finds you a deal it doesn't mean you can't ask another broker to have a look the deal they find may be better the advantage of a broker over an Internet site is that they are able to advise you on all the other things you need to know when buying a house in the local area.
There are many programs for first time home buyers as well as for people with bad credit. However they will also take into consideration the length of time in your type of work as well as income to debt ratio. http://www.disputedemon.com/credit-score/
Find a mortgage broker that has loans for people with bad credit. Let him pre-qualify you for a mortgage. He can tell you how much you can qualify for and what kind of down payment you will have to have. You will also need to find a buyer's real estate agent to help you find a house and represent your interests when make an offer on the house. Most people don't realize that it is not that hard for people with bad credit to get mortgages. There are tons of lenders and programs out there now for bad credit. You will start out with a higher interest rate, but after 3 to 6 months of making your payments on time, your credit score will get higher and you can refinance and get a better interest rate. You can also ask your mortgage broker if he does FHA loans, because they are easier to qualify for and you get a better interest rate.
www.naca.com they are a non-profit housing advocacy group that makes it's own mortgages. If you have crappy credit, they put you in their workshops to teach you about credit and getting your scores up. Do not try and run from student loans. Even if you declare bankrupcy you still will owe back student loans.
There are lots of things you could and should do: start by filling out the free evaluation form at: www.totaldebtsolutionsllc.com They will likely recommend a mortgage broker and / or credit repair as a means to get you into your house.
This site wil give you most useful information according to your request visit http://www.freewebs.com/getyourloan
Bad credit is one of the worst problems to have... however there exists a solution. I will hereby talk from my personal experience. I did debt consolidation a couple of years ago, however If I had to do it again I would pay to some minor details, if someone wants to get out of debt today it is pretty easy with a debt consolidation plan, however it may get a bit tricky at times, I suggest you get as much information as possible online on this first, a good place to start in my humble opinion is astraight to the point ebook with question and answer I found : http://umgarticles.atspace.com/debt-consolidation.htm if it helps kindly remember me in your voting!.. cheers!