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Updated over 8 years ago on . Most recent reply

User Stats

35
Posts
3
Votes
Peter Pezzano
  • Real Estate Broker
  • Somerville, MA
3
Votes |
35
Posts

Bad Credit and School Loans

Peter Pezzano
  • Real Estate Broker
  • Somerville, MA
Posted

Looking for help or to be pointed in the right direction. My brother, my wife and myself want to purchase a multi family in the next year or so. I have decent credit, my brother has great credit and my wife has terrible credit. Our three incomes combined would put us at around 200K maybe a little higher. My brother and I both have loans close to 100K and my wife has none. Realistically, do we have a chance at qualifying for an FHA loan within the next year?

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