Does a VA home loan, help people with bad credit? Can you purchase a HUD home with a VA mortgage?
There is an HUD home for around $ 30000, my husband an i are thinking about purchasing, we’d need a mortgage for around $ 50000. We don’t have good credit, can a VA loan help with that? Any other suggestions?
Just to clarify, the house is valued at $ 78000, but has been on the market for 2 years, which is why the broker has lowered the price to 30000.
Which is the better deal?? Why?
my fiance is a veteran with a low score, i have the good credit score. we both make great money, and we have about $ 30,000 saved. we would by the home in only one of our names if it would help the interest rates…