want to buy soon

Profile picture for EmScholle
We want to buy a soon really soon.. Our credit is only a 580. What can we do, the lady that owns the house we are in only gave us 7 weeks to get out so she can move in. HELP..
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May 02 2011 - Silver Springs

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With your credit score have you already tried to get approved?  What was the outcome, are you looking for lenders?  Find a local broker and they can help you get the answers you need.  Good luck
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May 02 2011
Profile picture for CyndiBell
FHA has change some of their rules on qualification, depending on your exact situation you maybe able to qualify.

Get educated on what it takes to be a successful home buyer, you can start here:,http://portal.hud.gov/hudportal/HUD?src=/topics/buying_a_home

Good Luck!
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May 02 2011
Profile picture for Alex Kursman
I can put you in contact with a lender that can do a loan at 580.
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May 02 2011
Profile picture for dlwoude
Work with an agent and a lender that will guide you though the process.  You might be able to get it done in a few weeks, but you can get a game plan going.
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May 14 2011
Profile picture for sryan1980
As far as the credit score goes, it would take more than a few weeks to raise your score from 580 to the lower-to-mid 600s. You might be able to take the necessary actions more quickly, but it would still take quite a while for the results of such  efforts to show up in your actual scores. Credit re-scorings do not happen over night.
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December 03 2011
 
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