I joined this hoping I can get some help....I worked hard to get my scores decent enough to buy a house with out a down payment...I answered a ad throught the newspaper and this guy said with my scores he can most definitely help me.. He said he got me pre-approved not qualified but approved and I picked a house. $142,500, he said its a conventional loan 20/80 @ 8% which will make my payments $1164 and that not including my insurance. When he pulled my credit he said my scores are good. 657, 621, ???. now we are playing a waiting game I put an offer on the house. I was kinda shocked cause I wanted a intrest rate of at least 7% but he says since this is a 100% loan and I am not forking out any monies then this is typical for a 100% loan. Is this true or could I get a better deal?? Someone please help I am looking at a closing date of April 30th..
