libertyjeep Posted August 10, 2005 Report Share Posted August 10, 2005 Need some help. I have currently a 576 mid score-is there any hope of me obtaining 100% financing? I live in Florida and would like to purchase a home before the prices rise so high I can no longer afford it. Thanks Link to comment Share on other sites More sharing options...
firstsource Posted August 10, 2005 Report Share Posted August 10, 2005 It is possible to get 100% with a score as low as 570. You have to have 3 tradelines 1 with 24 months history, as a minumum. I was reading an industry magazine this morning about FL pricing, so totally understand your concern. "Statewide" from 4/2004 to 4/2005, up 26%, many areas are up 37-43%. Just don't count on good increases in Gainesville, Tallahassee, Ocala, because there the prices are "only" going up 5 to 10%.Now. If you can do somethings to get your score (most accurate is from myfico.com) to 580+ for the mid score, there are quite a few programs for you. Hope that helpsCharles Link to comment Share on other sites More sharing options...
libertyjeep Posted August 14, 2005 Author Report Share Posted August 14, 2005 Yes, this helpss alot. I am nervous about having my credit pulled over and over while trying to find the right lender that will do the 100%. Is there any specific lender that you think I might have a chance with? Link to comment Share on other sites More sharing options...
libertyjeep Posted August 14, 2005 Author Report Share Posted August 14, 2005 Oh-and to comment about the pricing, when we first moved here from PA my parents purchased their home for 35,000 which was an average price for a home on the west coast in 93-now the same model, same neighborhood is going for 130! Its nuts! Link to comment Share on other sites More sharing options...
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