Credit Problems
I want to buy a home, but I have credit problems.
Do I qualify?
This must be the most popular question we come across in our business... and the answer is: If you plan this purchase right, you'll be able to buy your own home.
How do I do this?
It's easy. Call us and request a complete home purchase consultation for credit impaired individuals. We'll ask many questions about your specific credit situation. We'll also ask some employment and income questions. And if you've already gone home shopping, be prepared to give us details about the home you are planning to buy.
Once we have your information and have had a chance to analyze your situation, we make our recommendation, this include our suggested maximum purchase price for your income, how much down payment you'll need to approve the loan and any credit issues that need to be resolved before the loan can be completed.
Before you start shopping, you should obtain a pre-qualification letter from us. Most Realtors will require that you have this letter before they help you. They are basically making sure that you qualify for the home before they invest their time with you.
The entire process is done in the same day and it won't cost you a penny to find out what we can do for you.
Turned Down Elsewhere
If you've applied to a bank and have been turned down, we have some good news for you.
We have clients that were told by banks that they couldn't qualify for a loan because:
- Credit score is too low.
- Credit dings and marks in the past
- Not enough equity in home
- Not enough income
Dear friends: we don't perform miracles, but we try harder than others. Here are some reasons why we make it happen for you:
- We're willing to take more risk
- We have better sources of funds
- We don't have to play by the same rules as banks do
So, regardless what your bank told you, don't give up too soon. Let us customize a solution for your needs. An answer to your problem could be just a click or a phone call away!
No Credit Established
How can you have credit history when no lender gives you credit?
We never understood why good people with no credit get turned down credit. But, here at Colorado-bound, we're changing how things are done. You must have other factors to compensate for the lack of credit. But, it's not impossible to get a good loan with no credit.
We have programs that are designed for first time buyers and for people with no or very little credit history. Knowing which programs fit your situation better is what differentiates us from the rest. We're able to handle cases much more difficult and complex than the ordinary case. So, don't worry, call us and we'll do our best to put these concerns behind you.
First, we'll ask you some questions about your employment and income. Then, we'll give you our recommendation.
The entire process is done in the same day and it won't cost you a penny to find out what we can do for you.
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