Posted on December 26, 2010.
Have a credit score of around 620-640. Past wage garnishment (a year ago) Paid off early goal. Past as repossession (Reason For the garnishment.) Other Small Things charged-off. Only looking for a mortgage loan of $ 25K or less with $ 10K for down payment. With today's economy, Is There Any Chance of Finding a mortgage company? What kind of rats Would I Be looking at?
Markita Bapties says...
I won't says it's impossible -only a lender who can look at your actual data could say that - when people over 700 can't always get loans, I'd say the chances aren't great.
You have nothing to lose by checking into it though. Just go talk to a couple of lenders and find out. Having a down payment would be a huge help to you.
Posted on December 27, 2010
