Options for Subprime Borrowers: Better then FHA

If you can't do FHA, this could be another option to avoid the high interest rates of subprime. This is a little about how My Community Mortgage Works.

My Community Mortgage is available to help you buy or refinance a single-family home or condo, or a two- to four family
home that you will live in as your primary residence. It is not credit score driven. Flexibility on credit histories and nontraditional credit accepted.


Income that can qualify you for mortgage approval includes many sources besides wages, such as boarder income
from relatives or nonrelatives.

Proof that you handle credit responsibly can include rent payments; payments for electricity, water, or other utilities; or other payments you make on a regular basis.

My Community Mortgage includes several options that can make it even easier to buy a home. For example,Community Solutions is an option for public service employees such as teachers, police officers, firefighters, and health care workers. Community Home Choice is for borrowers with a disability.

My Community Mortgage is available throughout the United States.