answersLogoWhite

0


Best Answer

Depending on the eguity in your home and your past more mortgage payment history you could qualify for an FHA mortgage with a small downpayment. You will qualify if you have documentation to support your income and assets. Closing costs should be around $8,000. Don't let anyone tell you you have to pay more for this loan. Fair pricing should not have more then 1 point and could be 0 points and still have a great rate. If you find a good lender you will get the loan at the right price. Mortgageguy101@aol.com

User Avatar

Wiki User

16y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What type of mortgage rate would you get currently with a credit score of 600 and what is an average amount for closing costs for someone with a credit score of 600?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Finance

Where can someone get a mortgage with no closing costs?

Five-Star-Mortgage dot com in Henderson, NV. carries free closing costs mortgages for the following: Reverse mortgage Conventional mortgage VA loan FHA loans And are currently licensed in NV, CA, WA, OR, UT, AZ, HI, and FL to process mortgage loans. Hope this can help those looking to save a lot of money


Where could one get advice on obtaining a closing figure for a mortgage?

If someone is looking for advice on obtaining a closing cost figure for a mortgage, they could use a closing cost calculator which can be found on Yahoo to estimate the closing costs. The calculator takes into account all of the finer details of getting a mortgage and figuring out the closing costs.


Where can someone find information about a no closing cost home refinance for their mortgage?

You may find information about no closing cost home refinancing for your mortgage from an experienced Realtor. You may also want to ask your local bank, as they have to do deal with mortgages on a daily basis.


Where can someone find information about the closing cost to refinance a home mortgage?

When searching for closing cost to refinance a home mortgage, you can speak directly to the bank to find out more information about specific details. A loan officer at the bank will be able to give you detailed information as well as alleviate any concerns that you might have. An alternative to speaking to someone from the bank would be to locate their website, and search for mortgage information online.


How do you get your name removed from the church mortgage loan?

Generally, the only way to have your name removed from a mortgage is to pay that mortgage off and refinance in someone else's name.Generally, the only way to have your name removed from a mortgage is to pay that mortgage off and refinance in someone else's name.Generally, the only way to have your name removed from a mortgage is to pay that mortgage off and refinance in someone else's name.Generally, the only way to have your name removed from a mortgage is to pay that mortgage off and refinance in someone else's name.

Related questions

Where can someone get a mortgage with no closing costs?

Five-Star-Mortgage dot com in Henderson, NV. carries free closing costs mortgages for the following: Reverse mortgage Conventional mortgage VA loan FHA loans And are currently licensed in NV, CA, WA, OR, UT, AZ, HI, and FL to process mortgage loans. Hope this can help those looking to save a lot of money


Where could one get advice on obtaining a closing figure for a mortgage?

If someone is looking for advice on obtaining a closing cost figure for a mortgage, they could use a closing cost calculator which can be found on Yahoo to estimate the closing costs. The calculator takes into account all of the finer details of getting a mortgage and figuring out the closing costs.


Where can someone find information about a no closing cost home refinance for their mortgage?

You may find information about no closing cost home refinancing for your mortgage from an experienced Realtor. You may also want to ask your local bank, as they have to do deal with mortgages on a daily basis.


Where can someone find information about the closing cost to refinance a home mortgage?

When searching for closing cost to refinance a home mortgage, you can speak directly to the bank to find out more information about specific details. A loan officer at the bank will be able to give you detailed information as well as alleviate any concerns that you might have. An alternative to speaking to someone from the bank would be to locate their website, and search for mortgage information online.


Can someone who is 90 years old get a mortgage?

Someone who is 90 years old can get a mortgage. No matter what age you are you can get a mortgage, age doesn't matter. But I don't think you can get a mortgage if your a kid.


How do you get your name removed from the church mortgage loan?

Generally, the only way to have your name removed from a mortgage is to pay that mortgage off and refinance in someone else's name.Generally, the only way to have your name removed from a mortgage is to pay that mortgage off and refinance in someone else's name.Generally, the only way to have your name removed from a mortgage is to pay that mortgage off and refinance in someone else's name.Generally, the only way to have your name removed from a mortgage is to pay that mortgage off and refinance in someone else's name.


Where can someone find a mortgage adjuster?

A mortgage adjuster is someone who services current mortgages. One can hire such a person via the company they have a mortgage with be it Nationwide or Halifax etc.


How can someone be taken off a mortgage?

The only way to get someone's name off a mortgage is to pay it off and refinance if necessary.The only way to get someone's name off a mortgage is to pay it off and refinance if necessary.The only way to get someone's name off a mortgage is to pay it off and refinance if necessary.The only way to get someone's name off a mortgage is to pay it off and refinance if necessary.


Can someone on disability cosign a mortgage loan?

You need to ask a mortgage agent.


What happens to the land in a reverse mortgage contract?

In a reverse mortgage arrangement the lender ends up with the property unless someone pays off the mortgage.In a reverse mortgage arrangement the lender ends up with the property unless someone pays off the mortgage.In a reverse mortgage arrangement the lender ends up with the property unless someone pays off the mortgage.In a reverse mortgage arrangement the lender ends up with the property unless someone pays off the mortgage.


How can someone apply for a mortgage loan?

Someone can apply for a mortgage loan by going to the Realtor website. The website has information on how people including those with bad credit can apply for a mortgage loan.


What effect does a credit score have on a mortgage?

The credit score can effect mortgage rates in a lot of differnt ways. If someone has a high credit score he get a lower mortgage rate and if someone has a low credit score he gets a higher mortgage rate.