HOME LOANS REGARDLESS OF CREDIT The Loan Ranger team is devoted to providing exceptional service to everyone regardless of credit. We provide every client with a loan program that best fits their needs—no matter what their situation. We offer loan programs that can fit a broad range of client...
If a single mom is eligibleforaVA loan—eitherthrough her own military service or as asurviving spouse of a vet— it could be the best loan program out there for her. VA loans areavailable to military veterans and their families with no down paymentrequired, and theU.S.Department of Veter...
aHome equity loans require excellent credit history, reasonable loan-to-value and combined loan-to-value ratios. Home equity loans come in two types: closed end (traditionally just called a home-equity loan) and open end (aka a home-equity line of credit). Both are usually referred to as ...
For veterans or spouses of veterans, the Department of Veterans Affairs offersVA loansthat come with several benefits, such as no down payment and no private mortgage insurance (PMI). Social Security income is acceptable for meeting the loan’s income requirements, making it a viable option for...
not having a credit history orlosing one’s jobcan affect one’s credit pretty badly. For someone with poor credit, getting a loan is hard and usually interest rates are higher. If your credit has been through ups and down and isn’t looking great right now, this post will show you a...
The USDA recommends private lenders who underwrite no-money-down Guaranteed Loans accept credit scores of 640 or higher. But lenders have some leeway here: They could allow a borrower with a 630 credit score, for example, if that borrower’s application is strong otherwise. Or they could requi...
Building Credit as an Immigrant For many immigrants, establishing a U.S. credit history is a crucial step in the home-buying journey. Banks and lenders typically evaluate credit scores to determine eligibility for home loans. Unfortunately, without an established credit history, securing financial su...
aHome equity loans and lines of credit are for a shorter term than first mortgages. Home equity loan can be used as a person's main mortgage in place of a traditional mortgage. However, one can not purchase a home using a home equity loan; one can only use a home equity loan to refi...
If you're a first-time homebuyer or someone looking for an affordable way to finance your dream home, applying for an FHA loan in Florida could be the perfect solution. Designed to make homeownership more accessible, FHA loans offer lower down payment requirements and more lenient credit score...
To put yourself in a better position to borrow, it may be a good idea to bring in aco-signer, someone who uses their credit history and income to serve as aguarantorfor the loan. Choose a co-signer with impressive credit, good job stability, and significant income to maximize your chance...