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is it possible to buy a inexpensive condo with poor credit?

CONDO PRICE APPROX 35000.  20 TO 25 % DOWN  PRIMARY RESIDENCE 
  IS THIS POSSIBLE WITH POOR CREDIT AND LOW CREDIT SCORE?
  • August 13 2010 - US
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Answers (1)

Dianne,

I would say that it is impossible to get conventional financing with low credit scores and or credit issues.
If the seller of the Condo will hold a mortgage with that down payment it may help you buy some time to improve your credit and refinance that loan in the near future.

Good Luck
  • August 13 2010
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