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any subprime lenders out there/ for credit scores of 500??

working on credit.. got some more things to do .. need to know what is going on in the mortgage crisis? and is there any lenders still out there?
  • November 07 2009 - East Liverpool
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Answers (1)

No subprime right now, though I think it will come back in a few years.  Right now only options at those scores are private party financing or seller carry-back.   You need 40% down for private party.  A seller might consider carry-back at lower than 40% down, but those are very tough to find and usually only will happen on difficult properties.

Keep working on credit!

  • November 07 2009
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