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100% Financing For Home Loans Regardless Of Credit

 
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homeloansnocreditcheck
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Joined: 21 Jul 2008
Posts: 1

PostPosted: Mon Jul 21, 2008 8:56 pm    Post subject: 100% Financing For Home Loans Regardless Of Credit Reply with quote

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JasonD
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Joined: 28 May 2008
Posts: 32
Location: Idaho

PostPosted: Sun Aug 31, 2008 9:48 am    Post subject: Reply with quote

The way of this type of loan is a thing of the past. With the current real estate housing bubble popping and foreclosures in the millions I doubt this will be legit.
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reginag
Junior Member


Joined: 08 Mar 2010
Posts: 3

PostPosted: Mon Mar 08, 2010 2:36 am    Post subject: Reply with quote

Government insured or guaranteed mortgages can make purchases more affordable than conventional loans. Little or no down payment is required and there are marginally better interest rates than the conventional 30-year mortgages. One drawback to a FHA or VA loan is that there is a lower limit on the amount of money that can be borrowed and the VA requires current or past military service.
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amasters
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Joined: 20 Apr 2010
Posts: 6

PostPosted: Tue Apr 20, 2010 9:11 am    Post subject: Reply with quote

I know of no loan programs where the lender doesn't care about the risk of the borrower. The fact is, credit WILL matter for ANY loan program that offers 100-percent financing.
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