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08-29-2009, 01:39 PM
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Are non-qualifying mortgages a thing of the past?
I would like to sell my house and buy a new one in my neighborhood. Problem is my credit is really bad, really bad... long story.. My income is ~100% the value of the expected mortgage after putting 30-40% down. I have very little debt remaining just bad credit.Is it possible to obtain a mortgage these days based on income and down payment?
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