i need a mortgage and have little money down. monthly income is around 00 and really no other bills. however, i have a bankruptcy that is just over a year old. my credit scores are 630, 624 and 600….does anyone have any suggestons where i could find a mortgage company that will finance me with the mortgage meltdown as it is now?

Details: My husband has a recent bankruptcy on his credit record (I was not included on bankruptcy). The bankruptcy is less than a year old.

My credit is decent, but I have been a stay-at-home-mom and full-time student for the past ten months, therefore have no income of my own.

My husband makes good money and has been current on our bills since the bankruptcy was discharged. Since the bankrutcy has freed up our finances, we can easily swing a house payment at this point.

So, what are our chances of getting a mortgage? And do you have any suggestions for making us look as good as possible to the lender? Can I go on the mortgage since I don’t have an income right now? Thanks!

no re-finance because of Bankruptcy
arm loan is up and interest going up to 9.39% and every six months after that up or down a point.

I filed bankruptcy about 4 years ago and my credit has been raising slowly. I pulled my credit report and found two medical collections against me that were not mine. I contacted the proper people and they agreed to remove them. Only one was removed and I have been trying for 6 months to get the other off. I have a letter stating they both were to be removed, but when applying for a mortgage online they pull my credit report and see a collection against me.
My debt to income ratio is pretty low so I sould qualify for a home purchase loan, but I have been turned down by my credit union.
Who offers home loans for people with credit problems?

What can I do with my Interest Rate that is now variable? Now that my property decreased ,000, the monthly payment is now way higher, I don’t want to pay the mortgage anymore, and I can’t pay two houses at the same time, I don’t know what to do if I want to cancel everything is going to cost me about ,000, and the only choice I’m aware of is declare bankruptcy and my credit is very good, and I don’t want to do that, I need help.

Is there a mortgage company that gives people a second chance with bad credit but a good income? One that doesn’t charge an arm & a leg in interest? One that actually tries to help people who screwed up their finances and want to get on track without bankruptcy?

Our mortgage company wants to reinstate our arm mortgage to a fixed mortgage. They forclosed on us, tried to sherriff sale our home several times. We stopped it with a bankruptcy. We told the court why they forclosed on us but when they sent us the papers it was for something different that the forclosure was for unpaid interest from about 1 yr.prior. We will be able to show the unpaid interest was not true once we get our bank and phone records. They even tried to finance a loan for us cutting the loan by ,ooo.oo to a fixed rate but found it was inlawful to sale the home back to the same ones they forclosed on. Now they will reinstate the loan at ,000.00 at a low fixed rate if we want. This will hopefully fix our credit. I know it seems unthankful of us. But the hell they put us and our kids through, trying to find rentals in our area as not to change schools, not being able to buy even a used car or to buy fuel for our home furnace, my patent on hold the kids sports and grades.

If I can’t file another bankruptcy for 10 years, why would I be considered a bad risk to finance a home? Bankruptcy does not prove that a person can not manage money. They may have had lots of medical bills that were impossible to pay. I have no debt at this time and am looking for a mortgage company that will consider me. I am looking at a home that is very cheap where I can pay for it only making minimum wage. Anyone have a suggestion?

i need a mortgage and have little money down. monthly income is around 00 and really no other bills. however, i have a bankruptcy that is just over a year old. my credit scores are 630, 624 and 600….does anyone have any suggestons where i could find a mortgage company that will finance me with the mortgage meltdown as it is now?

Is it possible to finance a home within the first year of bankruptcy?

My husband and I filed bankruptcy and it was discharged in March of 2006. Our mortgage has a 3 year adjustable rate mortgage (ARM) and 3 years will be up shortly. If I don’t re-finance, my rate is going to go up 3%. It’s already high enough! Any suggestions for a company that won’t screw us around?

my fiance and i r trying to buy his late grandmothers property, it has been appraised at 160,000 and we want to borrow 180,000 so that we have some extra money for repairs and some extra to save for any unforseen needs. (water heater, furnace repairs etc.) we both filed bankruptcy 4 years ago.