I have a house that is located in Alexandria, Va. that was left to my brother and myself free and clear. I want to buy my brother

There might be.. most lenders require a 640 or higher.. those that go lower will often have very strict guidelines, and most don't qualify.. (No derogatory credit in the last 24 months).. the real question is "Why??".. Why is your score so low.. You might be better off working with a credit repair guy and get the score up to 640.. by doing this, you will have endless possibilities.. (Assuming all other requirements are met, IE.. income, job, credit.. etc..) I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

We will go down to 600 on FHA in all states - give me a call to discuss 855 411 LEND Peter Savino

It would be considered a refinance - cash out. Our min. score is 620 for that in Virginia unfortunately. Try some local brokers in your area, they may have a 580+ option.

Sure there is. Most of us do requrie a 620 or greater but getting the isn't often that hard from a 608 so as my colleagues have noted, its best to sit down with someone who can help get you to where you need to be. If you and your brother own the home jointly now then you'll already own 1/2 of the equity in the home. I do these loans frequently and, in my case, I'm licensed in the DC/MD/VA area.So I can certainly assist...There are several loan types that you may be eligible for. And, As another ofmy colleagues said, some brokers can go as low as 580, but that normally comes with some caveats. Your 50% equity stake is a very strong mitigating factor...it shoudl off-set many of those. Drop me a line, happy to discuss.RJS

I fear it will be difficult to obtain a cash-out refinance with your score. Check with other lenders on this forum that are local to you for best results. You may need to get your score up to a 620 or 640 to qualify.

Yes it can be done as FHA as long as there are no foreclosures, BK's or short sales in the last 3 years. If the score improves to 620 it can be done as conventional as well. Uur contact number is 703-992-8750 or email yama@washingtonmg.com

You should first focus on why your score is so low and the best ways on getting it to a minimum of 620. We can review your credit and determine why it is low so you can go about improving it. If you want to contact us, we can discuss your options for a cash-out refi. 620 is not that far off from 608.

I can do it as a Refinance with Will showing transfer of title Sun National Bank is a Federally Chartered Bank who can lend nationwide. To better help you, I would like to see your financial situation.Please send me the following information for all borrowers:1. 1 Month of current pay stub's2. 2 Year W-2 Income Statements3. 2 Year 1040 Federal Tax Returns (if a business owner)4. 2 Year Business Tax Returns5. 3 Months of current Bank Statements (if you own a business)6. Copy of Drivers Licenses 7. Copy of the WillPlease forward them to:James Mazzola8 Matthew AvenueKendall Park, NJ 08824jmazzola@sunnm.com or cornoil@comcast.netIf you have any questions, please do not hesitate to contact me:(O) 973-805-4107(C) 732-501-4249(F) 732-951-0629Thank you,James Mazzola

At 50% loan to value, with adequate income, you should be able to do this.