Find The Right Mortgage For You.
If you are thinking that you do not qualify for a mortgage, you are not alone. You think you need 20% for a down payment, so why even ask about a mortgage. You think you need a 700 credit score, or you have too much debt. Well don’t just think you can’t get a mortgage, go out and find out. What you may find could surprise you.
There are loan products out there that do not require a 20% down payment. There are even products that will accept a credit score of 580. FHA requires a score from 620 to 640.
The point I a trying to make is; Get out there and talk to a mortgage professional. What you find may just surprise you.
Read more on this topic at http://seattletimes.nwsource.com/html/realestate/2017057675_harney25.html.