anyone know how to get a mortgage loan with 100% financing with bad credit?

i have a credit score of 570 and have no money to put down any help to someone who might knw how to help me get this loan to purchase my home????

Want to divorce, horrible credit due to mortgage default, will I get rejected for an apartment?

I want to leave my husband and file for divorce. Because of his new found gambling/drinking addiction, we have defaulted on our mortgage (we’re 4-5 months behind in payments). I’m still trying to do a loan re-modification in hopes of getting everything back to normal for now, but as of now, my credit score is crappy because of the mortgage payments being so late. That’s the ONLY thing on my credit (good or bad).

Since I only make about ,000 *take home* per year of "my" money, I will get another job so I can make at least ,000/year by myself.

Will it be a problem getting an apartment on my own with my bad credit score? If so, what can I do to get an apartment? I dont want to live in a dump of a place either. I want something nice (and will work my butt off to get it!!) Just tell me how to achieve that goal.

If I have bad credit can I get a mortgage?

I hit a bad spell with my credit. I had perfect credit for years, but when the economy went bad I had to literally live off my credit cards. I am now settling with my debt collectors. I want to purchase a home next year this time. Can I get a mortgage with a lower credit score? I am making good money and putting back as much as I can. I am hoping to be able to put down at least 10%.

does anybody know of any mortgage companies that deal with people with bad credit scores?

My boyfriend and I are wanting to buy a house…. We know of one that is pretty cheap, only 23,900 and its big and nice. I havent applied at any companies yet incase that will lower the scores even more. Im trying to fix our credit now… but that house might be gone by then. Our credit scores are based on one repo and the rest are mainly collection accounts. He makes good money. Nearly 70000. Please give helpful advice… but mainly give us the name of a bank/mortgage company that can help us. thanks!
Some people dont know the facts are are rude and should keep those things to themselves. I dont work and he just got this raise.. before we were struggling because he didnt know how to manage his money. I got him on track. I do sell Partylite. Thanks to others for their positive comments

Can someone get a mortgage with bad credit?

Can you get a loan with a 500-520 score and no money down? In Chicago il, im makin like 40k a year 8-10,000 in bad debt on my credit report.

Credit Score and Mortgage Situation..?

My husband and I were looking into buying our first home with the intentions of obtaining a FHA loan. However, after doing some research a couple months back, I discovered that my husband had a terrible credit score of 547. The ,170 student loan that his father was court ordered to pay during the divorce was more than 90 days late on 9 separate occasions. His father never told us that he wasn’t paying this loan, and since he was in charge of it, the only contact information they had was his father’s and his mother’s/his home address (with whom he doesn’t talk to). After talking to a mortgage loan specialist, we realized there would be no one that would approve us for a mortgage even given the circumstance. So some friends of mine graciously said that they will give us a place to stay so we can financially focus our money on working off his student loans. So my first question is, if we put more than ,000 a month down on his loans, how long would it take before his credit score began to rise? Also, my husband threatened to take him to court for violating the court order where his father then said that he would only be able to get a ,000 loan out to cover the costs. My second question is if we contacted the US Department of Education/Direct Loan (loan lender) and told them the situation, that we had ,000 to put down on it, and that we could send a copy of the court order, would they remove most of the bad credit with the loan?
If someone could please give us some answers and insight into what we could do I would so very much appreciate it. This whole situation has put such a strain on our marriage and I don’t know what to do at this point.

How do you get out of a mortgage when the other won't sell and can't assume the loan because of bad credit?

The mortgage is about 5 years old on a house I part own in Colorado. I’ve been trying to get off the title and mortgage but my ex-fiance seems to blow me off each time. I don’t care about the money I just want out he can have the house. I’ve told him several times but I guess he does not qualify for an assumption. Now what? I’ve told him over and over again I don’t want to take this to court….but it may be my only option. My credit is getting hit hard because he pays the mortgage late, a lot. I can’t afford the house after a career change. He’s been paying by himself for years. I told him I want to sell it or just get me off the mortgage. Quick Claim will get me off the Title but not off the mortgage! The mortgage is what is affecting me credit score. It’s a fairly new ranch style home in golf course community big corner lot….it will sell if he’d let it. Please help no one seems to have any answers! I’ve more then paid for my mistake of going in on a house and being naive!
Thank you for everyones suggestions. I’m very stressed about this. I’m the co he is the primary. Also he has been late paying the mortgage twice (in a row recently)by 30 days. I found out by my credit report… he never informed me he was having problems coming up with the mortgage. I would have paid if I would have known to keep my credit at good standing. Also it’s a 30 yr.

Credit Score and Mortgage Situation..?

My husband and I were looking into buying our first home with the intentions of obtaining a FHA loan. However, after doing some research a couple months back, I discovered that my husband had a terrible credit score of 547. The ,170 student loan that his father was court ordered to pay during the divorce was more than 90 days late on 9 separate occasions. His father never told us that he wasn’t paying this loan, and since he was in charge of it, the only contact information they had was his father’s and his mother’s/his home address (with whom he doesn’t talk to). After talking to a mortgage loan specialist, we realized there would be no one that would approve us for a mortgage even given the circumstance. So some friends of mine graciously said that they will give us a place to stay so we can financially focus our money on working off his student loans. So my first question is, if we put more than ,000 a month down on his loans, how long would it take before his credit score began to rise? Also, my husband threatened to take him to court for violating the court order where his father then said that he would only be able to get a ,000 loan out to cover the costs. My second question is if we contacted the US Department of Education/Direct Loan (loan lender) and told them the situation, that we had ,000 to put down on it, and that we could send a copy of the court order, would they remove most of the bad credit with the loan?
If someone could please give us some answers and insight into what we could do I would so very much appreciate it. This whole situation has put such a strain on our marriage and I don’t know what to do at this point.

Can I find a mortgage with bad credit?

My fiancee and I both have credit scores is the 500’s. Is it impossible to find someone to lend us money? We want to first time homeowners.

Can I get a Mortgage with bad credit?

Me and My husbands credit scores are around 540ish, We have really bad credit. The only thing we havent had is a foreclosure or bankruptcy. The only good things on our credit is a small credit card and a car loan. We found the house of our dreams for 110000, the house appraised for 123000, so we would already have some equity. would we be able to get a loan with such bad credit and no money down?
Also, I have been in touch with the real estate agent about this house and we are meeting with her tomorro to sign the papers to make an offer. We know the people that are selling the house so they have already accepted the offer. I know just because our offer was accepted it doesnt mean financing is guarunteed but the agent from remax said she would do whatever to try to get us financed. I just dont want to get my hopes up for nothing.