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How to Buy a Home with No or Poor Credit (Paperback: Illustrated: 228 pages)

How to Buy a Home with No or Poor Credit
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Product Details: How to Buy a Home with No or Poor Credit

Author:Thomas Masters
Format:Paperback: Illustrated: 228 pages.
Publisher:John Wiley & Sons Inc (04/01/1996)
ISBN:0471119962
ISBN13:9780471119968
Reading Level:

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Publisher Notes: How to Buy a Home with No or Poor Credit

  • Own your own home-regardless of your credit rating
    You can be a homeowner--even if your credit is nothing to brag about or virtually non-existent. This practical, fact-filled guide shows how to achieve your goal of home ownership with your current credit. Mortgage loan officer Thomas K. Masters teaches you the basics of home buying, from alternative mortgage programs to financing tips that will help you avoid the red tape of many home loans. Clear, concise, and free of technical jargon, this accessible, straightforward reference is filled with real-life examples. Here's where you can find essential information on:
    * "Qualifying ratios" set by the federal lending authorities
    * Assumable financing, wraparound financing, quitclaim deeds with refinance options, lease options, and quick qualifying loans
    * What to look for in a lender
    * Ways to qualify for low-down and no-down payment home loans
    * Understanding loan applications and forms
    * How to clean up your credit profile

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