No Credit Required: How to Buy a House When You Don't Qualify for a Mortgage

by Ray Mungo

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Even those who can't get a conventional bank mortgage can stop throwing money away on rent and buy a house. With absolutely no credit, the authors bought a Vermont hideaway now worth hundreds of thousands and a California luxury condo with ocean views that tripled in value in six years. Readers will discover, step-by-step, the no-credit way to do it: No credit-check assumable mortgages Easy "Owner Will Carry" seller financing "Lease With Option," the way to buy with no money down The 30/70 rule that lands a bank no-credit mortgage Five exciting, unconventional, yet totally legal routes to no-credit home ownership "Property in trouble" deals ¥ A buyer's guide to pitfalls… (more)

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Even those who can't get a conventional bank mortgage can stop throwing money away on rent and buy a house. With absolutely no credit, the authors bought a Vermont hideaway now worth hundreds of thousands and a California luxury condo with ocean views that tripled in value in six years. Readers will discover, step-by-step, the no-credit way to do it: No credit-check assumable mortgages Easy "Owner Will Carry" seller financing "Lease With Option," the way to buy with no money down The 30/70 rule that lands a bank no-credit mortgage Five exciting, unconventional, yet totally legal routes to no-credit home ownership "Property in trouble" deals ¥ A buyer's guide to pitfalls

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