Mortgages For Bad Credit In Wisconsin
You need a 640 minimum credit score with most mortgage programs in 2013.
Please check your credit score before applying.
FHA Mortgage Loans: This is one of the oldest and most popular mortgage programs that allows bad credit. Recently, they have become the most popular mortgage loans, because of the economic impact on the mortgage lending industry. What's great about this loan is that it's insured by the Federal Government, so we don't see this program going anywhere!
Learn more details about the FHA mortgage loan...
VA Mortgage Loans: If you or your spouse are active in the military or a veteran of the military, than you are eligible for a VA mortgage loan. The two best things about this mortgage loan are:
- 100% financing! No down payment is required!
- No PMI (private mortgage insurance). Yes, you will avoid PMI with a VA mortgage loan.
Learn more details about the VA mortgage loan...
Rural Housing Loans: This program allows the lowest credit score compared to all mortgage programs available today. This mortgage loan can only be used on properties that are eligible in particular areas. It allows 100% financing, so no down payment is required.
Lean more details about the Rural Housing mortgage loan...