It's simple to qualify for one of our 100% financing loans.

Here are the requirements for just one of our loan programs:

You must have a minimum credit score of at least 580.

 This score is calculated using credit bureau data gathered about your past credit history. A person who has a 580 credit score can have some mistakes in their credit history, such as a 30-day late payment or even unpaid collections! We will do out best to work with you and do everything we can to get you qualified!

If you would like more information about your credit, credit scoring and FICO credit score, please visit www.myfico.com.

You must have at least one trade line open.

A “trade line” is information on a credit report that is provided by a company that has extended you credit.

• If you have a credit card, that would be considered a trade line.
• If you have a car loan, that would be considered a trade line.
• If you have financed furniture, that would be considered a trade line.

In the entire history of your credit, you must have had at least four trade lines, two of which must have been opened for 24 months.

This can go all the way back to the first time you were extended credit! It simply means that you must have had at least four different extensions of credit to you. This could be a mix of any four different credit cards, automobile finance loans, signature loans or even furniture that you have financed!

These do not have to be currently open now; they can be from anytime in your history. Only one needs to be currently open!

One of the 24 month trade-lines must have had a credit limit of at least $3,000. This does NOT mean that you had to have a balance of $3,000 owed to the company. It simply means that the highest amount of credit that was extended to you must have been at least $3,000!

Bankruptcy discharge or collections must be at least two years old.

If you have claimed bankruptcy, it must have been discharged at least two years ago. If you have any collections, they also must be at least two years old, and the best part is that they do not even have to be paid off! Keep in mind that collections that are less than two years old must be paid off if they are more than $1,000. That means if you have a collection from as recent as last week that is less than $1,000, you satisfy this requirement!
 

If you think this program may fit your needs, or if you have any questions, please give us a call!

Remember, this is just one example of hundreds of programs that we put together and used to get thousands of people just like you into the homes of their dreams!!
 

Email: loans@millionsaver.com

You can find out over the phone in five minutes how big a loan you can qualify for. There is no cost!

First Source Financial USA has hundreds of programs for people who want to purchase a home and think that they can't qualify, have no money to put down or have circumstances that might otherwise prevent them from buying a home!

Frequently Asked Questions About Loans