I've had credit problems in the past. Does this impact my chances of getting a home loan?
Even with poor credit getting a home loan is still possible. A lender will consider you to be a risky borrower and to compensate for this they will charge you a higher interest rate, and expect a higher down payment usually 20%-50%. The worse your credit history is, the more you can expect to pay.
We've been helping customers afford the home of their dreams for many years and we love what we do.
Company NMLS: 210550, WWW.NMLSCONSUMERACCESS .ORG License No. MC-3714 Licensed by the Virginia State Corporation Commission --------- Lic. 14102 State of Maryland Department of Labor, Licensing and Regulation www.nmlsconsumeraccess.org
7619 Little River Turnpike
Annandale, Virginia 22003
Phone: 703-992-8750 Yama@washingtonmg.com