Less Than Perfect Credit Loan Programs
For AZ Home Buyers

With the current economic downturn and the major reductions in market prices for homes around the country, there has never been a better time to invest in a home. However, many with poor credit or even less than perfect credit may find it difficult to secure a mortgage for home purchase. Many banks and lending institutions, hesitant to take on risky loans similar to those which caused financial problems in this downturn, may consider poor credit sufficient grounds to deny a loan. How can an individual in this situation buy a home with poor credit?

With the Less Than Perfect Credit Program, we can point you to lenders that provide the opportunity for you to buy a home with poor credit. While most banks only approve mortgages when the mortgagee has a FICO score of 640 or higher, we work with lenders to provide loans to those with poor credit, even as low as 500 FICO. A rating of 500 to 570 FICO requires a 10% down payment, and if greater than 580 FICO only a 3.5% down payment — far better than many banks or lending institutions. Do not allow lenders to tell you that home purchase is impossible. Instead, let us help you find the lender that will work with  you and offer an affordable rate.

Furthermore, the Less Than Perfect Credit Program provides opportunities for homebuyers with other negative credit events in their past to surpass their poor credit. Those who have suffered through bankruptcies know that banks deny loans or mortgages if there was a bankruptcy in the past. However, so long as the bankruptcy discharge occurred in the past more than two years before the present, we can help you find the mortgage for your home. Similarly, a foreclosure three years or more before the present will not prevent us from finding the loan you need. As long as you have been employed for two years and have a credit score greater than 500 FICO, we can assist you to make the home purchase of your dreams a reality.

We are flexible and ready to help you, whether you have poor credit or less than perfect credit. If you have an alternative positive credit score in electric, cable, or water bills, or a positive rent history, we can put you in touch with a lender that will take this information into account for your loan. Additionally, by using Rapid Rescore you can quickly repair the damage done to your credit score. Your less than perfect credit or poor credit will be improved, and your new home is waiting for you to buy it. Take this opportunity today to make your home purchase a reality and let us make it possible for you to buy a home with poor credit.