Broke with bad credit? There is hope for you yet!

So you want to buy a home… but you have a terrible credit score? No problem – because the Boston-based brokerage Neighborhood Assistance Corporation of America is holding events for people in your exact shoes.


Here are the details… borrowers with low credit scores can go through an education session about the program and submit all necessary documents, including income statements and phone bills. After that, they go through counseling to better understand their finances and how to afford a home.


And there you go… you have yourself a house (and a mortgage payment – don’t forget that). The loans are 15- and 30-year fixed with interest rates of around 4.5% and require no down payment. This program is a great opportunity for anyone with credit-mistakes and without $30,000 kicking around for a down payment…

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