can i buy a house with no credit

fha second home loan requirements Property requirements are a key aspect of the FHA program. In order to be approved for a government-insured mortgage loan, a house or condo must meet a specific set of requirements. These requirements are outlined in hud handbook 4150.2, chapter 3, which is available online.

How can you buy a house if you have bad credit – answers.com – If one has bad credit then one can only buy a house if one can convince the mortgage lender that one is able to pay for it. This might need proof that one is paying off any debt and clearing the.

How to Buy a House: Establish credit if you don't have any – Bad Credit is a lot worse than No Credit, but you should still seek to establish some credit if you don’t have any. You may be able to get away with having no credit history if you’re getting an FHA loan (vs. a conventional loan), but still, it never hurts to have credit.. credit cards and bank loans are just about the only things that will show up postively on your credit report.

how to rent to own my house How Does Renting-To-Own Work? | Zillow – To answer that question, let’s review the basics of rent-to-own. Tenant/Buyer Perspective. If you’re looking for a place to live, plan to rent today but eventually want to purchase your own house or condo, and don’t plan on moving from the area you’re targeting for rentals, then rent-to-own could be an option for you.

 · Can a person simple go buy a house with cash? Asked by Jeanette Walters, Philadelphia, PA Fri Jan 27, 2012. If you have bad credit and all that, but you have cash money to buy a house, can’t you just buy it or do they still need to dig into your credit and job and all that?

Buying a House Is for Suckers – Unless you have 20 million bucks in the bank, in cash, you have no. a house is not an asset, it’s a liability. Nothing is a good deal if you have to feed it constantly. People ask, “Why would you.