Question by bambam: Does anyone know of mortgage bankers or direct lenders who do low FICO purchases in Maryland?
I am looking to purchase a home in Baltimore County Md. and I am in the process of cleaning my credit . I have limited funds, sale pills therefore I’m looking put as little down as possible.
Best answer:
Answer by unisberkensap
http://www.naca.com
100% financing
5.25% 30 yr fixed rate
credit scores don’t matter
No closing csts
What do you think? Answer below!
Try talking with a national, direct lender that does FHA loans. FHA loans have more flexible guidelines when it comes to credit scores and income. FHA only requires 3% down, but there are also conventional options for 100% financing as well.
Including a link for you about FHA loans – let me know if you have questions!!