Midway Real Estate

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Home Building Financing

February 7th, 2010 by admin

home building financing

Is it possible to get a new construction home financed if you have bad credit?

My score is pretty low, including some negatives as recently as a year ago. Somebody told me it might still be possible for me to have a home built since I own the land. They said the lenders will take the land as collateral or something like that. Does anybody have experience with this situation?

Yes you can apply for mortgage loan.
Here are reputed mortgage lenders.
See who is near your area.

http://mortgage-loans1.blogspot.com/

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