Jumat, 28 Oktober 2011

What kind of mortgage rate would we be looking at for bad credit, and an under 100k loan?

Question by ~*Lindsay*~ ~*Mommy to be!*~: What kind of mortgage rate would we be looking at for bad credit, and an under 100k loan?
We're trying to buy a home..
The houses we are looking at purchasing are like 65k..
We have no equity, we've been renting, also we live in the US. Thanks though.


Best answer:
Answer by Doctor Dethwith bad credit - you'll need at least 10% cash up front for down payment and closing costs and even then it might not get you a mortgage

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