I have a bad credit history and would like to buy my first home?
I am currently witha management company got into debt because some problems with debt at 19 am now 22 years old and I like to buy my first home however need a mortgage that is 100-110% as costs initials are almost as bad as their own mortgage, or an alternative is a mortgage where any set up fees etc can be in the mortgage. Can you point me in the right direction.
May not be able to obtain 100% financing. If you are able to do this, be prepared to pay more that the market interest rate, plus fees and private mortgage insurance. If you must buy now, that's what we'll be in store for … If you can wait A couple of years, living as cheaply as possible, saving money for the downpayment and rehabilitate their credit, will be in a much better and save a lot of money the long term. Good luck!
Bad Credit Repair Part 1
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