Getting a Mortgage Doesn't Have to Feel Like Chasing Windmills.
There is good news.

Here are some recent examples of loans made right here in Manchester over the past few months. It's quick and painless to find out what type of loan would be right for you. One mortgage lender told me that she has seen it all so there is nothing in your past or present that will surprise her - and it's okay.

"We can't afford the down payment."
It's alright there are zero-down loans.

    One couple buying a home as their primary residence were able to get a loan with no money down and the sellers paid the closing costs so they moved into their dream home with almost no cash.
    You see, this happens a lot with new homebuyers or even homebuyers who didn't make as much enough on their last home sale to create a down payment nest egg.

"There's a glitch in my recent credit history."
Talk to the lender - there is a lot they can do. In fact, eligibility requirements have relaxed in many programs over the past 12 months.

    An older couple with children were trying to move into a new home, but the bill problems they had after one of the couple was laid-off from work last year seemed like it would complete sink their plans.
    Mortgage lenders call today's market "common sense lending" because rather than making wild loans, they are using common sense to determine whether a buyer is eligible. So if something happened in the past - maybe you lost a job or had medical issues - that affected your credit, a strong letter about the circumstances could be all you need.

"The houses we fall in love with all seem to be  just out of our price range."
There are 40 year fixed interest loans that can make a house that is just out of reach move into right in our price range.

     One single woman found her dream home but the payments seemed just out of reach. She chose a 40-year fixed interest loan to bring the monthly payment in balance with her checkbook.
     A lender can tell you whether stretching the term of the loan makes sense in your situation. It could put you right into the house of your dreams.

"We love the house but it really needs a couple of updates right away."
Yes, there's even a loan program for that.

     One couple loved a house that was in desperate need of a new appliances and a few upgrades. It turned out that they were able to get a loan for the home and the upgrades. 
     If it's your primary residence, there are programs available that may let you fix up the house using mortgage interest rates and payments to make it happen. You don't have to use that credit card you just worked so hard to pay off.