I have 650 credit score and do not work, my husband works and no credit score....can we get a loan for a home?

Hello, You might have hope. Getting no down payment will be your hurdle. You can do FHA mortgage with 3.5% Down, hope that a seller will credit you for your closing costs. There are other grant type programs I know of here in California where you borrower the 3.5% down payment and dont make payments on it. You are going to need to show that your husband is responsible and that the risk of using non traditional credit is justified in your mortgage loan. You would need to show that you are making timely rent payments, utility bills, car notes, ect. What state are you in?

Your best bet would be FHA with 3.5% down using non traditional credit for your husband. You may also want to consider a USDA Loan which is 0% down. Call me for more details. John 732-837-1413

There are a lot of facts and myths floating around about mortgage programs these days. These misconceptions start from buyers seeing promises of no money down real estate advertising. Can someone buy a home with no money down in today's environment? The answer is yes and no.Many of the creative financing offered by lenders in the not so distant past have gone away. However, there is still one government loan program for home buyers that allows for no money down - that is right, nothing down - zero, zip, and zilch.There are two programs that qualify for no down payment. One program is from the Veterans Administration (VA) and the other is from USDA. The VA program is available to veterans and active duty military that have VA eligibility. The USDA program is available to everyone.USDA is a government backed loan program; however, not everyone will qualify for a USDA loan. The loan has income requirements that are based on household size. Another qualifier is that the home has to be located in a designated USDA lending area. To see if a property you are looking at qualifies for USDA go to this web site: http://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do?pageAction=sfp&NavKey=property@11Generally speaking, these properties have to be in a rural area. However, I know of many areas in Tampa, which are not rural, but are in the USDA designated area. For instance, an area in Tampa known as New Tampa is well developed with many shops, restaurants, and a mall and is still in the USDA delegated area. If you would like to see if you qualify for the USDA program, give Jim Costello a call at 813.785.8602. Feel free to visit USDA's web site at www.usda.gov/wps/portal/usda/usdahome

I have over 11 down payment assistance programs to help you guys out please call me to see which one fits your situation and help you and your husband buy a home.Sincerely,Gianni Cerretani SENIOR MORTGAGE BANKER"Old fashioned business done with modern day thinking"Main Line: 678-381-2272 xt. 229 Direct: 678-381-2264 Cell: 404-213-9663 Fax: 888-275-1833gianni.cerretani@fcmhomeloans.com www.fcmhomeloans.comwww.homesforheroes.comwww.micennasmission.us First Community Mortgage Inc., a Division of First Community Bank"Putting the Needs of the Community FIRST" 1455 Lincoln ParkwaySuite 260 Atlanta, GA 30346