Me and my husband have bad credit and want to get a home loan next year we will have a good deposit?

we live in australia and want to buy a house but we have to pay our debts out first we dont want to do that so if anywhere can help us here in australia let me know

Me and my husband have bad credit and want to get a home loan next year we will have a good deposit?

don't buy the house until you can afford it, you will regret deeply later if you do.

don't want to pay your debts first? that's a bad sign of things to come if you buy the house.

Me and my husband have bad credit and want to get a home loan next year we will have a good deposit?

Why would anyone loan money to people who have proved that they will not pay it back? You should do what you can to clean up your credit rating before applying for a home loan. The only large deposit that would help you get a house with bad credit is a 100% cash payment.

Me and my husband have bad credit and want to get a home loan next year we will have a good deposit?

In the U.S.A. people who are able to put a good amount down but have bad credit get into a rent to own, lease option.

I don't know about australia.

Me and my husband have bad credit and want to get a home loan next year we will have a good deposit?

Your best option will be to cruise the newspaper for a lease option or %26quot;rent to own%26quot;. They require a higher deposit than rentals but gives you the option to buy at the end of a set time frame. This will work well for you because the owner will be more forgiving of your credit score and it gives you a least two years ( a standard time for leasing for the lease/option) to get your credit together before needing to get a loan for the purchase in addition to the fact that you will have some equity established in the home when you actually buy. (Be sure to discuss this in the contract so that you will know what percentage.) I have not done in business in Australia so I don't know exactly how it is done there, however I've been told real estate is universal. Perhaps something I suggested will give you enough information to ask the right questions to find what will work best for your there. ;)

Me and my husband have bad credit and want to get a home loan next year we will have a good deposit?

Hello,

My names are lisa cave i live in united state of america i work in an industried i have two kids and i am christan,the good new where is that i get loan from Mr daniel walters i have been scamm before until i meet mr daniel walters then my case was over.therefore, i advise every one to get there loan from mr daniel walters is a nice man.you can reach him at.Email: danielwalters_agency01@yahoo.com

He is a Private Loan Officer for the above named company and he has a loan accreditation certificate he also offer all kinds of loans,short and long terms even if your credit card is bad.and he can be of Help to you. He can help you get the loan you require. His Interest rate of 0.4% is fair enough.

Mr daniel walters

Tel;447045769629

Me and my husband have bad credit and want to get a home loan next year we will have a good deposit?

If you are a bad credit holder, hardly anything better than this is there for you. You might have been denied of loans, but no more. You might have been denied because of the shaken credit turf you are on. However, when you can assure the lender with collateral against the loans, whatever hesitation there is, it vanishes off. Well, bad credit home equity loans are of immense importance in this regard. These loans are special packages for the bad credit holders and they allow you to go for meeting almost any need you have, without bothering about the credit rating.

Bad credit home equity loans are advanced against one閳ユ獨 home equity. Now what is home equity?

Well, home equity is the value of your home after subtracting any outstanding balance you have or any claims against the home. Here, in these loans, the maximum amount you can grab is based on the home equity taken after subtracting any balance of a previous mortgage. The home equity will be counted on the present appraised value of the house. However, the loan amount also depends on the borrower閳ユ獨 income, debit and repayment capacity. In case if you are a bad credit holder, you can get an amount worth around 80% of the value of your house. Yet, doing research throughout the market properly allows you to grab sometimes a greater amount since there are lenders who offer even 125% of the appraised value of your house as bad credit home equity.

Bad credit home equity loans are beneficial for many reasons. First, the rate of interest is really low in home equity loans. You are pledging the collateral for your loans. So, you can always get a loan with low rate of interest while the loan repayment also becomes easier with flexible terms. Anyway, the market picture shows that the bad credit holders have to pay a slightly higher rate of interest than the regular borrowers. Bad credit holders can negotiate with the lender to get better interest rates and repayment terms.

One of the high points of this loan type is that you will get a certain amount of tax exemption with these loans while your purpose of taking loans is home improvement or to buy another home.

Generally there are two types of bad credit home equity loans, standard home equity loans and home equity line of credit. Standard home equity loans release the amount as lump sum right at the beginning while in the home equity line of credit, the amount is advanced in parts and at intervals.

Well, it is always a good option to go online to get viable deals of bad credit home equity loans. Applying online is free and you can go for an extensive study and comparison of various lenders and their plans, since a large number of lenders are available online.

Bad credit home equity loans are the loans to let you feel