Question by whodeytj: How would this mortgage work?
Say i wanna buy a house for $ 200,000. I have $ 75,000 to put down. I also have bad credit. What kind of interest rate would i get, with so much down but bad credit?
and i want the mortgage to stretch 20 or 30 years?
Best answer:
Answer by Steve DDepending on how bad your credit is and how recent your bad credit is, you may not get a mortgage. Assuming you do get a mortgage, expect between half a point top a point worse interest
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