credit score when buying a house
From what I have been reading, you know have to have a minimum s
From what I have been reading, you know have to have a minimum score of 620.
I think that is ridiculous. I pay my rent on time every month,
I think that is ridiculous. I pay my rent on time every month, to me that shows I pay for a roof over my head before anything else. I gues I will never get a home of my own.
Check with your bank. Sometimes they will work with you if your
Check with your bank. Sometimes they will work with you if your score is lower. We talked to our bank about possibly buying the house we live in right now (my father in law owns it, but we make the payments) and they know our credit situation. The bank president said that our purchase price was too good for them to turn it down (our house and land is appraised at about 230,000-mainly because of the land...house is crap, :lol: ) and we only needed 55,000 to buy it. Even with crappy credit-they would stand to profit if we didn't pay. Every situation is differant, I would just talk to your bank.
Chrissy
Although, the higher your credit score the better your apr. I h
Although, the higher your credit score the better your apr. I have gotten home loans for people with credit scores in the low 550's.
It depends on where you go. You can go to 10 banks and have them pull your credit 10 times and have your score drop each time or you can go to a loan officer ot mortgage broke and have them pull it once and have tons of banks compete for your business.
Feel free to ask me any questions I can answer email deleted.
[samebox:1181218310="paulmergel"]no personal or solicitory emails.this is the second one i've had to delete.i suspect solicitation.since you are a guest.i will give fair warning.keep it up and i will delete future posts.[/samebox:1181218310]