General Question

babiturtle36's avatar

Can you buy a house if you have crappy credit and no down payment

Asked by babiturtle36 (2359points) March 8th, 2008 from iPhone
Observing members: 0 Composing members: 0

5 Answers

fireant4040's avatar

yes…I did it. 100% financing. There are all kinds of programs out there including government ones.

oneye36's avatar

yes thats the problem with our economy now but it looks like the hard working Taxes payer will have to bail you out with new taxes so go for it

Valhalla30's avatar

Yes but stay away from those ARM type loans. After they adjust, people have problems making the payment because it’s much higher than their original mortgage payment…hence all the foreclosures. You can get financed. Just do what you can to get a fixed rate. Good Luck!

cwilbur's avatar

Probabbly not, given the current lending crisis. Don’t ask us, ask a mortgage broker.

John7447's avatar

In the good old days yes.not now

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