I want to purchase a home and have a score of 530 but make a good income ($35,000) but haven’t had much success with banks. Who do I turn to and how do I make it work? Ontario County in NYSRead More
Score tagged posts
im interested in buying a home. my first child is here now and i underestimated the amount of space that my spouse and i need to function properly. ive never owned a home and am in desperate need to upsize! Please help.
P.S NO STUPID ANSWERS PLEASE! Thank youRead More
Can he apply on his own (I would not have ownership) so that my credit score won’t be taken into consideration? Please keep smart butt comments to yourself. Thank you serious people!Read More
looking for a home loan and my credit score is 640. not sure if i’ll get a good rateRead More
www.bestfreecreditscores.com Acceptable credit score for mortgages You see a home you are interested in and you want to know if you would be able to qualify for a mortgage loan. What is an acceptable credit score for mortgages you want to know. As with many things in life, it depends. You can get away with a low credit score if you have a large income with documentation and a large downpayment. Having a co-applicant with a high credit score would also help you get a mortgage. In certain cases you can have a credit score as low as 500 and still be approved for a mortgage. Of course you will have to pay a higher interest rate and need to provide more documentation but a mortgage is still possible...