Can Someone With Poor Credit And A Small Down-Payment Buy A House?

Yes, there are options available where someone with a poor credit history and a small down-payment could buy a house. Someone in this situation could possibly be considered for one of the federal mortgage schemes that are available.

One of the HUD funded housing counseling agencies would be a good place to contact for discussing the options. There may also be local government homeownership schemes depending on where the property is located.

Remember, if in doubt, always seek professional legal and financial advice when buying or selling real estate, or when arranging mortgages or loans. The signing of legally binding documents and contracts should always be taken seriously.