How can someone who is on disability income ,w/poor 2 no credit credit,get a home loan?

Posted on Jun 16, 2024 in Stated Income Loans

Check out these apartment creating pictures:

0801 | Drake Apartment Developing | 2009 | East Side

Image by Facility Records | MSU Physical Plant
0801 | Drake Apartment Building | 2009 | East Side

If you would like to see more properties click right here…

0802 | Howland Apartment Constructing | 2009 | South Side

Image by Facility Records | MSU Physical Plant
0802 | Howland Apartment Developing | 2009 | South Side

If you would like to see much more homes click here…

no income home loan
by eyewashdesign: A. Golden

Question by reychael_rios2001: How can someone who is on disability income , look w/poor 2 no credit credit, diagnosis get a home loan?
Can a person on disability income with poor to no credit,married, combined incomes get a loan big enough to purchase a small family home with enough to pay of other debts

Best answer:

Answer by sundayschild63
If you can find a co signer that has good credit,that trusts you enough to sign for you.
Thats the only way I know of.

Add your own answer in the comments!

One Comment

  1. Not.

    And if you did the payments would kill you. Disability makes you a liability. To cover this you would have to pay extra.

    There are forms where adult kids actually pay for the house also. That would ease the risk and make payments more relaxed… they would have to be living there though.