Sentences with phrase «if lack of a down payment»

If lack of a down payment is keeping you from buying a new home, a bridge loan can provide you with needed funds.

Not exact matches

And even if you're a less - than - ideal home buyer, because of bad credit or lack of a down payment, they can actually help your loan go through.

Owner Financing: If the buyer can not get a mortgage loan due to lack of down payment or derogatory credit, the seller may make arrangements to finance the loan for the buyer.

If a buyer can't obtain a mortgage due to poor credit, employment history, lack of down payment or income — most lenders will consider lending if there is someone to act as co-signor or guarantor for a mortgagIf a buyer can't obtain a mortgage due to poor credit, employment history, lack of down payment or income — most lenders will consider lending if there is someone to act as co-signor or guarantor for a mortgagif there is someone to act as co-signor or guarantor for a mortgage.

If we consider that Adam and Nicole can easily qualify for the mortgage with good income and credit and the lack of down payment is the only missing piece to their ability to buy their new home.

If you're tired of renting, and you want to own a home in St Louis but your credit, lack of down payment, or income hold you back from qualifying for a normal bank loan... a «rent to own», often called «lease option» or «lease purchase» may be a great fit for you.

The biggest risk would be investing in real estate without knowing the risks, or just plain lack of experience.By investing through our program you are investing in experts who have done all of the research on the investment for you.We have mitigated every possible risk and through our program they are narrowed down to just a few: firstly, if the tenants walks away from the property.This is highly unlikely, since the tenant would also be walking away from their down payment as well a large sum of money they would have saved in a mandatory trust through the monthly lease option payments.Furthermore, if they do actually walk away, we have ensured that the property is in a sought - after neighbourhood and city, in which case we will find another lease to own tenant and take another down payment.Secondly, if the tenant is not able to qualify for a mortgage at the end of the lease term, we may extend the term until they qualify, or in a worst case, ask them to leave and find a new tenant.

If they want to buy right now, what are the barriers (e.g. price too high, mortgage payments greater than rent, no down payment, lack of green options, waiting for right house)?