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Home Loan for Disabled

Lizzy
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Posted by Lizzy

on Dec 7, 2005

I am on SS Disability and would like to purchase a home. Does anyone know how or where? I don't have any other income, so I think most commonly used loans would be impossible for me. Please help! Any info is greatly appreciated!

Categories: Home loans for people on SS Disability
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jtdirtysouthboy
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14. jtdirtysouthboy posted on Jun 17, 2008

WELL I HAVE JUST GOTTEN MY DISABILITY AND WANT TO PURCHASE A HOME FOR MY WIFE SO THAT WHEN I DIE SHE WILL HAVE A PLACE TO LIVE. I DO NOT KNOW WHO CAN HELP ME WITH THIS SITUATION IF ANY ONE KNOWS AN ANSWER PLEASE LET ME KNOW. SHE DOES NOT DESERVE TO HAVE TO PAY RENT THE REST OF HER LIFE. THANK YOU

dynalee
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13. dynalee posted on Mar 13, 2008

I'm am 52 year old female, single, and on S.S.I. (supplemental security income) due to clinical depression.  Since I did not pay in enough taxes I am NOT eligible for SSD.  I receive $800 a month.

I used to own my own home before I became ill.  And now I am renting an income based apartment.  I am SO tired of being treated as a second class citizen. 

I want to get my life back on track and my mom has offered to sell me her small but adequent rental house.  The price is right.  I am a hairstylist and would also be able to have a salon in my home.   

During the worst of my illness I had to close my previous salon.  I could no longer pay bills since I could hardly pay the rent.  So now my credit is not in good standing. 

I want and need a place to call home. 

Does anyone know of a program that would help me buy a home?

You can also contact me at dynalee11@yahoo.com

Diane

jacksoniffer
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12. jacksoniffer posted on Jan 8, 2008

I've found some over there - http://loocap.com/?q=Home%20Loan

Hope it will help, however it's a difficult issue...

revraz
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11. revraz posted on Dec 7, 2007

Im in Texas n get a whopping 801.00 a month...I want a home for me n my wife..If anyone has more info on loans or grants that help a poor shmo like me get a house ill appreciate it.

tina23
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10. tina23 posted on Sep 24, 2007

i recieve disability as well. i am 23 and i have 2 young children and i have a permanent disability and i am tired of renting from people who treat me like garbage because i collect from the government because i am legally blind and cannot drive. it is frustrating enough to not be able to take my kids somewhere with out depending on someone else, but it is even more frustrating to rent from someone who treats u like trash, so if u have any info on how to buy a house please meail me at tina_w_1983@yahoo.com thank you!_

Albert2
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9. Albert2 posted on Sep 7, 2007

They specialize in disable first time home loans below interest rates. http://www.calhfa.ca.g ov/index.html
http://www.calhfa.ca.gov/index .html

Sierra1
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8. Sierra1 posted on Aug 27, 2007

My brother is mentally disabled and suffers from schizophrenia and bipolar disorder. He went into a mania and started buying all kinds of stuff on credit; autos, took out an equity line on his home, etc. He ruined his credit. His SSD is $1100/month and he was paying $3000/month after his episode. Even with the severe drop in his credit we were able to find a lender to refinance him. And save him from foreclosure.

Carpediem73
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7. Carpediem73 posted on Jul 17, 2007

Hello, I am 34, disabled due to seizures and am recieving SS. I live in Northern California and my rent is $1100.00 If it were not for my roommate I would not survive on my fixed income. Does anyone know of a way for me to get financed for a home loan? Any input is greatly appreciated.

Swoobie
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6. Swoobie posted on May 31, 2007

Check with Fannie Mae, they help low income individuals get home loans.

ekikaseven
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5. ekikaseven posted on Feb 16, 2007

Call the county tax office in your local city in North Carolina. They may can point you in the right direction. Take care

karmen
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4. karmen posted on Feb 15, 2007

hello, I am 42,disabled and recieving SS. I have 2 children, and I also live with my elderly mother. I am living in North Carolina and need a loan for 90k to purchase a home that belongs to family members. Any info regarding programs for people in my situation would be greatly appreciated

Emil
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3. Emil posted on Jan 7, 2006... modified on Jan 7, 2006

Adding to what Bob2006 just posted here... Rural Housing Service (RHS) provides credit to families and communities that still do not have effective access to credit because of the isolated nature or small scale of the rural market and provides subsidies to those low income families and communities that could not otherwise afford rent or debt service payments.
Very Low to Moderate Income Housing Loans
Rural Housing Service

Bob2006
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2. Bob2006 posted on Jan 7, 2006

Try USDA Rural Housing Authority

Margie
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1. Margie posted on Jan 3, 2006

I am in the same boat, a 40 yr old single female on SS Disability. Let me know if you find out anything. Margie

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