FICO credit score of 721, need to buy a home, can I do it?

Thelio..........based on the information that you have provided you should be able to qualify for this purchase!! I am local, in Daphne, so please give me a call. Tommy Peoples, Branch Manager, Southwest Funding 251-621-3247.

On the surface it doesn't sound like there should be a problem but would need more information to do an accurate analysis. There is neither a cost nor obligation for the mortgage consultation. ENG Lending, A Division of Bank of England, always puts your best interest first. We would appreciate the opportunity to serve you. Please visit us at www.cincinnatimortgagerate.net. You will soon find that we are so much more than a Mortgage Banker; we are a company that is dedicated to empowering our clients and referral partners. Don't forget to visit our Facebook Fanpage at http://www.facebook.com/pages/ENG-Lending-Cincinnati/171183536269710?sk=wall Or Call Anytime 513-403-6260

Thelio, I would suggest an FHA 203k or 203k streamline to make this place yours rather than spending 2 years fixing it up it can be fixed now and you can also assist if you hold a license in a trade also it will keep your money in the bank. I can be reached at ballen@accessnational.com a nationwide broker or 888-354-3299.

Based on the limited information you provided, you can qualify. But there are too many variables to say for sure... Best advice I can give you is to contact a local mortgage broker, not a bank, and apply with them.. they have access to numerous lenders and can find the right loan product for your particular scenario. WilliamAcres.com

I agree that you might qualify but the real test would be to contact a licensed loan officer. I would also suggest a 203K streamline FHA purchase loan. That way you can borrower up to $35,000 for improvements at interest rates under 4%. You can always pay extra each month on your mortgage to bring down the balance quickly.