Credit Score Repair

What they don't want you to know about FHA loans | 580 Credit Score

what-they-dont-want-you-to-know-about-fha-loans-580-credit-score

What they don't want you to know about FHA loans | 580 Credit Score – Most Popular?

“What they don’t want you to know about FHA loans | Common Ignorance”

Need help fixing your credit? Check out our credit repair service here: https://pxlme.me/oeIFyvfe

Interested in learning how to repair your own credit? Check out our courses here: https://pxlme.me/O-TF4O8-

Join my Free Credit Master Class Here:
https://pxlme.me/0t_qdp4H

This video explains some of the disadvantages of an FHA loan for a first time home buyer at a 580 credit score.

Make sure you do your research to see if a FHA loan is best for you and your future.

Should you buy a home with a 580 credit score?
FHA Loans Explained
FHA loans vs conventional loans
Should I get a fha loan?

GET NOTIFIED WHEN I GO LIVE: https://witnessriches616.activehosted.com/f/45

Get your FREE copy of Credit Builder Secrets here: https://www.the700clubcreditrepair.com/free-credit-building-book/

Interested in working with my credit repair company, request a free credit consultation here: https://www.the700clubcreditrepair.com/credit-repair-consultation

Find me on Instagram: https://www.instagram.com/mrriches

Find me on Facebook:
Https://www.facebook.com/witnessriches

Subscribe to our Youtube Channel: https://www.youtube.com/channel/UCCtZZzmwrjxn4xUivh9bm6w?sub_confirmation=1

Thanks for watching the What they don't want you to know about FHA loans | 580 Credit Score video!

Watch the What they don't want you to know about FHA loans | 580 Credit Score video on Youtube

32 Comments
Share

32 Comments

  1. Jason White
    July 22, 2021 at 3:32 pm

    Need help fixing your credit? Sign up for my credit repair service here: https://www.the700clubcreditrepair.com/pricing

  2. Michael Hewitt
    July 22, 2021 at 3:32 pm

    👍🏿👍🏿👍🏿🇬🇧

  3. TheDEWROCK
    July 22, 2021 at 3:32 pm

    Yeah but if your smart ,pmi insurance, mortgage interest, and property tax you can write it off. Especially if you're a 1099.

  4. HSNY76H 4L
    July 22, 2021 at 3:32 pm

    TOLEDO,OHIO

  5. yvonne thomas
    July 22, 2021 at 3:32 pm

    From Wisconsin

  6. Frank Ferman
    July 22, 2021 at 3:32 pm

    I don't know if taking financial advice from someone that can't do math or isn't willing to use a calculator is a good idea.
    "Someone do the math for me"

  7. kat Nunez
    July 22, 2021 at 3:32 pm

    Can’t you refinance if you have bad credit for the fha into a conventional loan after your credit goes up?

  8. thatsyourgirl ._lele
    July 22, 2021 at 3:32 pm

    Omg I so glad I found your channel very informative I believe u save me and lets start working in that credit

  9. TheeSassyVirgo
    July 22, 2021 at 3:32 pm

    I’m so glad I watched this!!! Thank you sir for the information

  10. James Dees
    July 22, 2021 at 3:32 pm

    Thank you so much got this content

  11. Roger Williams
    July 22, 2021 at 3:32 pm

    Very helpful information. Gracias!

  12. Roger Williams
    July 22, 2021 at 3:32 pm

    You should Google "The 700 Club". Surely it's copyrighted. Just fyi.

  13. akisha shelton
    July 22, 2021 at 3:32 pm

    Kish in Cincinnati

  14. D'Ray Woods
    July 22, 2021 at 3:32 pm

    20% of $250,00 is $50,000 for a down payment. An FHA loan is a great tool for those that can’t afford that type of down payment. A 4 unit complex would be ideal for an FHA loan. Live in 1 for a year is the only requirement.

  15. Max Johnson
    July 22, 2021 at 3:32 pm

    I got a house for free with the five finger discount.

  16. Kay E.
    July 22, 2021 at 3:32 pm

    If it takes 30 years to pay off your house, you bought too much house.

    A 15 year mortgage paid off in 11 years whether FHA or conventional is better than drawing a mortgage out 30 years.

  17. Teresa Shakespeare
    July 22, 2021 at 3:32 pm

    Good information overall, but I found it very distracting. If you are going to make a video, please consider the following: 1) be organized 2) make sure the camera is in focus 3) focus on your viewing audience, not Facebook Live, 4) turn off phones and other distractions and 5) present figures in an organized manner on the paper.

  18. Chris Perez
    July 22, 2021 at 3:32 pm

    Great info, I’ll recommend you for sure. Thank you!!!

  19. Phyllis Bell-Sutton
    July 22, 2021 at 3:32 pm

    Focus on keeping your audience engaged and not have any distractions.

  20. Barry Dews 2
    July 22, 2021 at 3:32 pm

    Barry Dews SF Cali

  21. MACQJR
    July 22, 2021 at 3:32 pm

    Settle? Not only credit is a factor, but who has 20% to put down on a million dollar home ? I live in the bay. I think it’s all relative to each own person, where they live and how much they make, credit etc…

  22. Derrick Stewart
    July 22, 2021 at 3:32 pm

    You can always pay your mortgage off early, there are no prepayment penalties for doing that. It is not that much extra money that you have to pay in order to pay the mortgage off early, there are several videos on youtube telling you how to pay a mortgage off in 5 to 7 years. Just because you have 30 years to pay off a mortgage doesn't mean you have to use that entire time. A little bit of research and education can get you so much further. If you pay the loan off early, who cares what the interest rate is or the PMI?

  23. Yvonne Douglas
    July 22, 2021 at 3:32 pm

    How can i get to the 800 club. im trying to go all in. can you help me lol? im so serious. I want to be debt free and cash flow

  24. King Jean
    July 22, 2021 at 3:32 pm

    What about a good credit FHA vs good credit conventional

  25. DinkyDawn
    July 22, 2021 at 3:32 pm

    I don’t think you pay PMI for 30 years . I do believe it’s more like 10 years or paying down the loan to 80% of the LTV.

  26. pinkypromise111
    July 22, 2021 at 3:32 pm

    Thank you!

  27. Kevin Baker
    July 22, 2021 at 3:32 pm

    Hey, I have a Question.
    How do I remove the addresses off my personal info??

  28. Aisha berri
    July 22, 2021 at 3:32 pm

    Up to how many people can be on a fha loan?

  29. Diamond Eyez
    July 22, 2021 at 3:32 pm

    There are banks who offer conventional loans that don’t require pmi and only need 3% down. They also only require a 620 credit score. I went through Five Star Bank. You just have to look into different bank options

  30. lante07
    July 22, 2021 at 3:32 pm

    It does matter how much the loan is. 20% is 20%. That's cash up front. So in those 6 months someone is rebuilding their credit, they're also supposed to save 20K?.. in 6 months?

    Of course FHA loans have some features that shouldn't be overlooked, but it's made for ppl who don't the best money management practices. Hence the bad credit and the only needed 3.5% down.

  31. Crypto G
    July 22, 2021 at 3:32 pm

    Video quality is horrible but the content is good.

  32. Danny's hair & fitnessTV
    July 22, 2021 at 3:32 pm

    My credit score is really good saving up more money for that good down payment u just let me know I am on the right path thank you so much