A properly insulated attic and crawl space can save you 10 to 50 percent off your energy bill. But the reality is, many homes fall short of the recommended insulation levels - about 10 to 14 inches,
Mortgages With Bad Credit
Mortgages for buyers with 540 credit score or higher.
If you're struggling with less than perfect credit, the search for a new home can be a saddening and frustrating venture. When you're working with poor credit it limits all of your housing options, even landlords these days are foolishly looking for tenants with good credit, what I tell these landlords is that if someone had perfect credit they could easily buy a house and pay 30-40% less than what the landlord is asking. Nonetheless, the process is frustrating for both the shopper and their agent.
Luckily, banks are loosening up their standards allowing more people to qualify for mortgages. We've been able to get people into homes recently with a 540 credit score. If you thought home ownership was out of your reach, you may have been mistaken. If you have steady income that you can prove for the last 2 years and no major deficiencies on your credit, you may be able to qualify for a mortgage. The rate of your mortgage won't be astronomically high like if you were purchasing a car either, usually it only varies by .5 point or more per year.
Along with the low-credit mortgages, we may also be able to find buyer incentives that would qualify you for down-payment and closing costs assistance, so you could actually move into a house for less than it would cost you to rent a home.
If you'd like to find out if our mortgage and downpayment programs will work for you, contact us with the chat below, or call 410.384.4059.
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