Profile picture for Brian Nguyen

Brian Nguyen

Lender

Sr Mortgage Banker, NMLS (12 years experience)

Specialties:
Purchase Loan,
Refinancing,
Mortgage Planning

Advice

  • (2381 Contributions,
  • 26 Best Answers,
  • 168 Helpful)

Contributions are sorted newest to oldest.

with a 650 credit score where can i find a va lender that will give me a home loan.

Answer

That score should definitely work for a VA loan. The lowest credit scores lenders like myself are able to do for VA loans is a score of 580. Since your scores are right there, then you should have a chance. Also there are other financial factors that would need to be analyzed including your income, expenses, assets, liabilities, debt, employment, down payment, as well as credit scores. If all of these factors are in place then you should be good to go but it can depend on further inspection of your finances. The best thing for you to do is to speak with a knowledgeable lender to see if you can get started on financing a new home. If you need additional assistance, feel free to reach out. Good luck!

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does anyone give you a home loan with a credit score of 580

Answer

When it comes to credit, your score is at the minimum for a mortgage. The lowest credit scores lenders like myself are able to do is a score of 580. Since your scores are around 580, then you might have a chance. Also there are other financial factors that would need to be analyzed including your income, expenses, assets, liabilities, debt, employment, down payment, as well as credit scores. If all of these factors are in place then you should be good to go. The best thing for you to do is to speak with a knowledgeable lender to see if you can get started on financing a new home. If you need additional assistance, feel free to reach out. Good luck!

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how can I own my own home

Answer

Well one of the first steps to buying a home would be to speak with a lender that fits your situation to get pre-qualified. Then when you do apply for a loan, lenders like myself will need to look at several different things if you are trying to get pre-approved for a loan. We will need to analyze your assets, credit, expenses, income, debt, employment, down payment, etc. Connecting with a lender is a great way to kick start your home buying process. Either way, the best thing for you to do is to speak with a knowledgeable lender to see if you can get started on financing a new home. If you need additional assistance, feel free to reach out. Good luck!

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Pre Approval from one lender

Answer

Well when it comes to actually searching for a home, one pre-approval is good. Although, if you want to shop for better rates, then you shouldn't be afraid to check out other lenders as well. There are other lenders like myself that would be glad to speak with you to see how we can help you. Either way, the best thing for you to do is to speak with a knowledgeable lender to see if you can get started on financing a new home. If you need additional assistance, feel free to reach out. Good luck!

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me and my gf looking buy house .with both income $5.400 monthly

Answer

The first steps to buying a home would be to speak with a lender that fits your situation to get pre-qualified. Then when you do apply for a loan, lenders like myself will need to look at several different things if you are trying to get pre-approved for a loan. We will need to analyze your assets, credit, expenses, income, debt, employment, down payment, etc. Connecting with a lender is a great way to kick start your home buying process. Either way, the best thing for you to do is to speak with a knowledgeable lender to see if you can get started on financing a new home. If you need additional assistance, feel free to reach out. Good luck!

  (0)
mortgage with new job

Answer

As long as your new job is in the same field as your old job, there shouldn't be too much of a problem in getting a mortgage. Also, if you switched from a salaried income to a commission income (or vice verse) this can cause some problem. Otherwise, if your finances are strong enough you should be able to obtain a loan. Once the new job starts, the lender will need to see your new paystubs. If you want to buy now, that is possible as well as long as you provide documentation of your new employment and pay rate. Either way, the best thing for you to do is to speak with a knowledgeable lender to see if you can get started on financing a new home. If you need additional assistance, feel free to reach out. Good luck!

  (0)
Va home loan with bad credit?

Answer

That score should work for a VA loan. The lowest credit scores lenders like myself are able to do for VA loans is a score of 580. Since your scores are right there, then you should have a chance. Also there are other financial factors that would need to be analyzed including your income, expenses, assets, liabilities, debt, employment, down payment, as well as credit scores. If all of these factors are in place then you should be good to go but it can depend on further inspection of your finances. The best thing for you to do is to speak with a knowledgeable lender to see if you can get started on financing a new home. If you need additional assistance, feel free to reach out. Good luck!

  (0)
My Father would like to purchase a home with his V.A loan for us ,he read that he must live there

Answer

Yes, that is correct. Your father needs to be the occupied owner and residence of the home. Meaning he must own the mortgage and live in the home. The only exception for VA loans are for spouse's of the veterans, unfortunately it does not apply to children. Also, there is no way around this restriction or else it would be loan fraud. Either way, the best thing for you to do is to speak with a knowledgeable lender to see if you can get started on financing a new home with another loan option. If you need additional assistance, feel free to reach out. Good luck!

  (0)
Best way to raise our credit score to buy a home in the future?

Answer

First off, the lowest credit scores lenders like myself are able to do for loans is a score of 580. Since your scores are around and above 580, you should have a chance when it comes to credit. Although getting your scores above 620 will open more doors so the simplest ways to fix your credit is to pay off your debt and revolving credit balance on time. The best thing for you to do is to speak with a knowledgeable lender to see if you can get started on financing a new home. If you need additional assistance, feel free to reach out. Good luck!

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Conventional 5% down

Answer

There are loan options for conventional loans that can go as low as 10% and 5%. There are also FHA loans that only require 3.5% which you may want to consider as well. For these types of loans you will need your finances in place. Your credit looks good but we would need to know more about your income, assets, employment, and many other factors as well. The best thing for you to do is to speak with a knowledgeable lender to see if you can get started on financing a new home. If you need additional assistance, feel free to reach out. Good luck!

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