How To Buy a House With Bad Credit in 2024

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  • Опубліковано 27 гру 2024

КОМЕНТАРІ • 53

  • @KelvinMcNeil
    @KelvinMcNeil  5 місяців тому +1

    🏠 Get Pre-Approved for the best mortgage programs in the country while being advised by Kelvin McNeil, Licensed Mortgage Loan Originator NMLS# 2018085
    www.ApplyWithKelvin.com

    • @Cottonrazorblades
      @Cottonrazorblades Місяць тому

      Hey! Where’ve you been? You have people to teach , Mr. 😊

  • @TashMaiBeauty
    @TashMaiBeauty 2 місяці тому +4

    I want to not work into my 80s! Working paycheck to paycheck but I also believe that being able to retire includes owning a home.

  • @lotusfalana
    @lotusfalana 5 місяців тому +8

    Home ownership , college degree, have a family. , start a business

  • @petter215jones
    @petter215jones 17 днів тому

    Definitely needed to hear this cause my score was a 682 when I first was looking and had got a pre-approval. But denied me because of my 2 child support cases they didn't feel comfortable with but still didn't effect my DTI. Now I'm around the 550s and I'm here to the video

    • @KelvinMcNeil
      @KelvinMcNeil  16 днів тому

      @@petter215jones i’m sorry that you were denied but if you’re still ready to get preapproved, I may be able to help you. I’m a broker so I have a lot more flexible loan programs, and guidelines.

    • @KelvinMcNeil
      @KelvinMcNeil  16 днів тому

      @@petter215jones here is a link to schedule a mortgage consultation so we can discuss this further: calendly.com/kmcneil10/mortgage-consultation

  • @ronbass2272
    @ronbass2272 5 місяців тому +6

    Glad to see you’re still grinding and growing 💪🏾💯

    • @KelvinMcNeil
      @KelvinMcNeil  5 місяців тому

      Thank you 🙏🏾 I’m not going anywhere!

  • @RachelMcNeil
    @RachelMcNeil 5 місяців тому +4

    Thank you for giving out gems once again you’re teachings are so informative

  • @naturalbrunette07
    @naturalbrunette07 5 місяців тому +1

    Thank you, this gives me hope

    • @KelvinMcNeil
      @KelvinMcNeil  5 місяців тому

      @@naturalbrunette07 good! That was my goal. Once you’re ready to take the next steps let me know and I would love to help you.

    • @KelvinMcNeil
      @KelvinMcNeil  5 місяців тому

      @@naturalbrunette07 you’re welcome!

  • @IMOD1215
    @IMOD1215 29 днів тому

    Can you please help me understand USDA loan?

    • @KelvinMcNeil
      @KelvinMcNeil  29 днів тому

      @@IMOD1215 yes, I’ll be making a video on it soon but in the meantime feel free to schedule a mortgage consultation with me so we can chat about it.

  • @jayfitmorales3129
    @jayfitmorales3129 5 місяців тому +1

    Love the info ,a video on DTA would be nice!

    • @KelvinMcNeil
      @KelvinMcNeil  5 місяців тому

      @@jayfitmorales3129 did you mean DPA? Down Payment Assistance?

    • @jayfitmorales3129
      @jayfitmorales3129 5 місяців тому

      @@KelvinMcNeil yes , that would be helpful, thanks for sharing all your info👍

  • @alejandrodelacruz4981
    @alejandrodelacruz4981 Місяць тому

    Do car repo affect a lot when buying a house?

    • @KelvinMcNeil
      @KelvinMcNeil  Місяць тому

      @@alejandrodelacruz4981 yes, because it impacts your credit score and you can’t have any 90+ day late payments on an installment account.

    • @KelvinMcNeil
      @KelvinMcNeil  Місяць тому

      @@alejandrodelacruz4981 but we can help you get that removed at www.greenscalecredit.com/credit-repair

  • @Deftones1224
    @Deftones1224 2 місяці тому

    USDA video would be great!

    • @KelvinMcNeil
      @KelvinMcNeil  2 місяці тому

      @@Deftones1224 it’s on the way.

  • @IMOD1215
    @IMOD1215 29 днів тому

    Do you help in Texas?

    • @KelvinMcNeil
      @KelvinMcNeil  29 днів тому

      @@IMOD1215 yes, I’m licensed in Texas. How can I help you?

  • @letitiadavis7209
    @letitiadavis7209 3 місяці тому +1

    I need your help with my credit please

    • @KelvinMcNeil
      @KelvinMcNeil  3 місяці тому +1

      @@letitiadavis7209 www.greenscalecredit.com/credit-repair

    • @SuperLeonard7
      @SuperLeonard7 Місяць тому

      What's programs are available for Veterans ?

  • @cheryllebby-gaillard125
    @cheryllebby-gaillard125 3 місяці тому

    Do you have to live in the state of Georgia?

    • @KelvinMcNeil
      @KelvinMcNeil  3 місяці тому

      @@cheryllebby-gaillard125 no this loan program is available in all 50 states

  • @virtuous247
    @virtuous247 5 місяців тому

    I’ve applied

    • @KelvinMcNeil
      @KelvinMcNeil  5 місяців тому +1

      @@virtuous247 perfect. Watch your emails because I’ll be reaching out to you.

    • @virtuous247
      @virtuous247 5 місяців тому

      @@KelvinMcNeil I can't wait.

  • @hizway4ne
    @hizway4ne 4 місяці тому

    DPA videos please!

    • @KelvinMcNeil
      @KelvinMcNeil  4 місяці тому +1

      @@hizway4ne here’s one ua-cam.com/video/HhP6xOEmEiY/v-deo.htmlsi=If4Guf2NeIipbuBb

  • @lotusfalana
    @lotusfalana 5 місяців тому +2

    I don’t have the credit or job history but I eligible for a VA home loan

    • @KelvinMcNeil
      @KelvinMcNeil  5 місяців тому

      @@lotusfalana watch the full video. Then tell me if it changes your mind.

  • @trayaiken4565
    @trayaiken4565 5 місяців тому

    Awesome information!!!! How do I sign up for your credit program?

    • @KelvinMcNeil
      @KelvinMcNeil  5 місяців тому

      @@trayaiken4565 schedule a credit consultation at www.greenscalecredit.com/credit-repair

  • @TashMaiBeauty
    @TashMaiBeauty 2 місяці тому +2

    Okay I am a small business owner and my wife and I have lower credit scores as elder millennials. My aunt who makes good money said she would help. Could she submit her income as a garuntor to help if she will not live in the house.

    • @KelvinMcNeil
      @KelvinMcNeil  2 місяці тому

      Yes, an aunt can cosign for a mortgage under certain conditions. According to the USDA guidelines, if an applicant does not meet the repayment ability requirements, they can have another party join the application as a cosigner or have other household members join the application

    • @KelvinMcNeil
      @KelvinMcNeil  2 місяці тому

      An aunt can even cosign for a mortgage with both FHA and conventional loans under certain conditions.
      FHA Loans:
      For FHA loans, a cosigner can be a family member, which includes an aunt. The FHA guidelines specify that family members can be involved in the transaction, including signing the security instrument or Note [1].
      Conventional Loans:
      For conventional loans, such as those delivered to Fannie Mae, the guidelines do not explicitly restrict family members from being cosigners. Therefore, an aunt can cosign for a conventional loan as long as she meets the lender's requirements for cosigners.
      In both cases, the aunt must meet the lender's criteria for cosigners, which typically include creditworthiness and the ability to repay the loan.
      If you need more specific details or have additional questions, please reach out to your UWM team for more information.

  • @KDSFosterCloset
    @KDSFosterCloset 19 днів тому

    Hi Calvin I would love to speak with you

    • @KelvinMcNeil
      @KelvinMcNeil  19 днів тому

      @@KDSFosterCloset how can I help you?

  • @rickybearden4575
    @rickybearden4575 3 місяці тому

    it wont work ive tried everything all the you tubers suggestions forget it f.h.a. and all the others unless your not going to get a loan unless you have a 900 credit score and three fourths the homes asking price for a down payment you will not get a loan so forget it i know i tried it talk to a loan officer where you do your banking !!!

    • @KelvinMcNeil
      @KelvinMcNeil  3 місяці тому +1

      @@rickybearden4575 I’m not a UA-camr. I’m a licensed mortgage broker who makes UA-cam videos… there’s a difference. Yes it’s possible when you’re working with a broker like myself who does manual underwriting and non-qm loans.

    • @KelvinMcNeil
      @KelvinMcNeil  3 місяці тому

      @@rickybearden4575 let’s talk. Credit score isn’t the only factor and as mentioned in the video you’re gonna either need cash for down payment or good credit. You cannot qualify to finance a house if you have neither.

    • @KelvinMcNeil
      @KelvinMcNeil  3 місяці тому

      @@rickybearden4575 use this link to book a mortgage consultation and I’ll be transparent with you. If it can’t be done with your current situation I’ll put you on the right path. calendly.com/kmcneil10/mortgage-consultation

  • @ibrahimkoji9295
    @ibrahimkoji9295 25 днів тому

    Can people just get to the point why you gotta go all around the world get to the point

    • @KelvinMcNeil
      @KelvinMcNeil  25 днів тому

      @@ibrahimkoji9295 if you’re watching this video, it’s because you need all of the information I put into it. This is UA-cam, not TikTok.