If you want to buy a home, have very little to put down and your credit is thrashed, what do you do?
Well 100% financing is available but the credit guidelines are all of the sudden very tough. If when you make your offer on the house you asked the seller to carry back a 2nd, you can buy that home with a much lower credit score, and have a much lower payment.
Even is you have reasonable credit and say 10% down you can save as much as $400 -$600 a month in pmi (Private Mortgage Insurance) or get a lower interest rate. That is like getting something like a $80,000 discount on the price!
The sellers many times have a ton of equity and may just be glad to do it, in order to get their homes sold.
For more information go to:
www.2ndchancemortgage.com
www.homevalueshuntingtonbeach.com
or just give me a call at (866) 404-2898 the call is free!
Again this is Rich Littlefield, have a blessed day1
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