954-667-9110

GEORGIA BAD CREDIT MORTGAGE LENDERS

3.5% DOWN BAD CREDIT GEORGIA MORTGAGE LENDERS

We specialize in the following Bad Credit Georgia Mortgage Loans:

Same Day Georgia Bad Credit Loan Approvals!

Many Bad Credit Georgia mortgage applicants don’t realize these Government guaranteed low interest rate BAD CREDIT, VA mortgage loans can help Georgia home buyers with bad credit. Even If you have a bad credit past and you’re looking for a low Georgia mortgage interest rate GA mortgage a government or private lender may be a better option then renting.

BAD CREDIT GEORGIA BAD CREDIT MORTGAGE LENDERS:

  • Down payment only 3.5% of the purchase price.
  • Gifts from family or BAD CREDIT Grants for down payment assistance and closing costs OK!
  • Sellers can credit the buyer’s up to 6% of sales price towards buyers costs and pre-paid.
  • No reserves or future payments in account required.
  • BAD CREDIT regulated closing costs.
  • Read more about buying a home with an BAD CREDIT mortgage Bad Credit –No Credit – Investment –Second Home –Multi Family – 

BAD CREDIT GEORGIA LENDERS MAKE QUALIFYING EASIER BECAUSE YOU CAN PURCHASE:

  • 12 months after a chapter 13 Bankruptcy BAD CREDIT mortgage Lender approvals!
  • 24 months after a chapter 7 Bankruptcy BAD CREDIT mortgage Lender approvals!
  • 3 years after a Foreclosure BAD CREDIT mortgage Lender approvals!
  • No Credit Score BAD CREDIT mortgage Lender approvals!
  • 580 required for 96.5% financing or 3.5% down payment BAD CREDIT mortgage Lender approvals.
  • 500 required for 90% financing or 10% down payment BAD CREDIT mortgage Lender approvals.
  • BAD CREDIT GEORGIA with minimum 500 FICO credit score with 10% Down Payment BAD CREDIT. For BAD CREDIT mortgage applicants with credit scores between 500 and 579 must make down payments of at least 10% down!
  • Read more about BAD CREDIT Qualifying Qualification Summary – Manual Underwrite – Collections-Judgement’s – Bankruptcy or Foreclosure – Compensating Factors –

BAD CREDIT BAD CREDIT GEORGIA LENDERS ALLOW HIGHER DEBT TO INCOME & EASIER JOB QUALIFYING

 

Georgia Bad Credit Mortgage Solutions!

  • 1 day out of foreclosure, short sale, BK, DIL
  • Rates starting in the low 5’s
  • Bad Credit Georgia Home Loans up to $1 million
  • Credit scores down to 500
  • Up to 85% LTV
  • Combo loans up to 85% CLTV (min 680 score)
  • DTI up to 50% considered
  • Owner-occupied, 2nd homes, and investment properties
  • Non-warrantable condos considered
  • Jumbo loans down to 500 score
  • 5/1 ARM or 30-year fixed
  • No pre-payment penalty for owner-occ and 2nd homes
  • No active tradelines OK with housing hisstory
  • SFRs, townhomes, condos, 2-4 units
  • Seller concessions to 6% (2% for investment)

Contact your non-agency specialist today!

ALL GEORGIA SITUATIONS ARE WELCOME!!!

The BAD CREDIT mortgage can help you purchase a new Georgia home with 3.5% down payment even if you have bad credit. Even If you’ve had accounts forwarded to collections, past bankruptcies or Foreclosures, high debt to income ratio, then you still may qualify for our bad credit or no credit Georgia mortgage. These government backed bad credit Georgia mortgage loans can work for Georgia mortgage applicants that don’t have cash for a down payment or closing costs. And they are a much better choice than a Georgia hard money loan.

We work with all types of bad credit Georgia mortgage applicants with all types of credit situations who described themselves as having “bad credit” – that are now Georgia homeowners! The truth is, there are many more Bad credit mortgage applicants that will qualify for an BAD CREDIT  mortgage over conventional mortgage.

GEORGIA BAD CREDIT REPAIR CHECKLIST 

Credit scores indicate to Georgia mortgage lenders how well you manage money. You can improve bad credit mortgage application by demonstrating that you can now handle monthly obligations more responsibly. Furthermore, since bad credit scores could translate into high interest rates on your next bad credit Georgia mortgage, your improved credit score will help you get lower interest rates when you are ready to qualify.

HOW DO I IMPROVE BAD CREDIT TO QUALIFY FOR A GEORGIA MORTGAGE?

Here are a few ways bad credit Georgia mortgage applicants can raise their chances of qualifying for a Georgia mortgage:

  1. Prove 12 months’ timely rental history either provide cancelled checks or verification of rent from a management company. In the hierarchy of credit if you can prove to the Georgia bad credit mortgage lender timely rent then you have proven the ability to pay the mortgage.
  2. Show the lender last 12 months’ timely payment history with 0 x 30 days late in the last 12 months on any credit reported obligations.
  3. Keep all revolving charge card balances as low as possible less than 10% of the limit is best.
  4. Negotiate all past collections on your credit report other than medical bills to show a zero balance.

Related GEORGIA Mortgage Information

BAD CREDIT GEORGIA MORTGAGE LENDERS PROGRAMS INCLUDE:

BAD CREDIT GEORGIA MORTGAGE ADVANTAGES INCLUDE:

BAD CREDIT MORTGAGE LENDERS IN EVERY CITY AND COUNTY IN GEORGIA INCLUDING:

3.5% BAD CREDIT GEORGIA MORTGAGE

 

GEORGIA BAD CREDIT MORTGAGE LENDERS

LENDERShttp://www.BAD CREDITmortgageprograms.com/category/georgia/

Skip to content