real estate






 

Question by  Kate20 (16)

Can you get a mortgage if you have bad credit?

I don't have a co-signer.

 
+7

Answer by  patti (29325)

Recent history clearly illustrates that individuals with bad credit should not be given mortgages. The blow-up and subsequent collapse of the mortgage market has led to highly cautious lending.

 
+5

Answer by  KLC (198)

Talk to a realtor about doing a lease to own. You put down a large down payment and pay higher rent but at the end of the term, the house is yours. Just be smart and don't get evicted or you lose everything. Pay your rent on time. Don't cause trouble with the landlord.

 
+4

Answer by  diva25 (4016)

You might be able to. You will have to be willing to pay a lot more interest on your mortgage. You will just have to go talk to someone at a bank about it.

 
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