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How does a first time home buyer start to purchase a home with poor credit?
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John,
I have a brochure made up that shows you the steps from Fiancing to closing of a home. This would include, knowing your credit score and the bank that I recommend, helps restore credit for free.
Jen J 317-501-2103 jenj@callcarpenter.com
Talk to a HUD Housing Counselor! They are there to help educate you on the buying process and your credit.
http://portal.hud.gov:80/hudportal/HUD?src=/i_want_to/talk_to_a_housing_counselor
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4
Contact a Mortgage Lender with a company such as Bank of America, Wells Fargo, Regions. Make an appointment with them and explain your entire situation. They will outline a plan for rebuilidng your credit and put you on the path to future home ownership.
If you don't already know a loan officer with a bank mortgage company, ask any of your friends/family/co-workers who own a home who they used for their mortgage and if they would recommend a good loan officer. Depending on how many names you get, call 3 or 4 of them, explain your situation and ask if the loan officer would be willing to put you on the right path with instructions for rebuilding your credit to purchase a home. In return for their help, when the time comes, you agree to work with them for your mortgage. Good luck.
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