Creative Financing Home Purchase!
Restored from the Empower Network archive (2011–2017), lightly edited to meet our current advertising standards. Views are the original author’s.
Ideal for First Time Home Buyer Financing too!
Learn how you can get the money you need to Purchase your new Home. In today’s Economy, you have to look outside the Box to finance a new home. Most people can’t come up with 20% down payment to get their foot in the door. And even if they can do that, their credit may not be acceptable to finance the rest of the Mortgage. Issues with buying a new home are as follows:
- No Down Payment saved.
- Not enough Down Payment saved.
A Credit Score ranges from 330 to 850!
- Having No Credit – Not able to get a Mortgage Loan.
- Poor Credit – 619 and below – Most likely will not qualify for a Mortgage Loan.
- Sub-Prime Credit. – 620 to 679 – May have trouble getting a Mortgage Loan. If you do, your rates will be very high and expensive.
- Good – 680 to 719, Very Good – 720 to 749, Excellent Credit – 750+ are the only scores high enough to get any Mortgage Loans!
The Three Credit Bureaus have a monopoly on your Credit Score! This is one area the Law has not reached out and STOPPED these Bullies!
Today you have to take things in your own hands. If it’s to be accomplished, it’s up to you!
You must start getting your Financing Setup well ahead of the time to Purchase your new Home. In today’s world, there is no more instant ideas of just going out and purchasing a home. You must prepare well ahead of time!
That means Financial Independence with your own small business! Running a Business Online is pretty easy now days, but you must be persistent!
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