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seller financing

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bklyngirl11236 Joined: 31 Aug 2010 Posts: 1 1.00 Dollars($)	Posted: Tue Aug 31, 2010 6:53 pm    Post subject: seller financing Like 0 Dislike 0 We are looking at a home to purchase. My husband is self employed and has the income but bad credit...and I have the great credit but no income. the banks wont help us.. the house we want is a short sale so there is no owner financing avaiable. Is there propgrams out there where people do the financing but on a property other then there own??? If so, Can you please tell me what I need to do to find them..thank you so much
adonis Joined: 22 Oct 2005 Posts: 10574 Location: ALASKA 1090.82 Dollars($)	Posted: Tue Aug 31, 2010 9:21 pm    Post subject: Like 0 Dislike 0 Welcome bklyngirl, As it's a property which is going through a short sale, you won't be able to qualify for a owner financing. However, if you co-sign for the loan, then you and your husband can get a mortgage. Did the banks give you any reason as to why they won't qualify you and your husband for a loan? This community has a large number of lenders. You can seek a no obligation free mortgage quote from them in order to find out the type of rates and terms you might qualify for when you apply for a loan. _________________ Procrastination is the enemy of your financial success

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