Just how to Buy a home with Bad Credit
Homebuyers never fundamentally require perfect credit, particularly if you’re purchasing your very first house.
Free Debt Analysis
Homebuyers do not fundamentally need perfect credit, particularly if you’re purchasing your first house.
People believe that you’ll need good credit to purchase a property. But thatвЂ™s really just real for old-fashioned, fixed-rate mortgages. Then you generally need a FICO score of at least 620 or above if you want a 15-year or 30-year fixed-rate mortgage. More high-end lending tools, like balloon mortgages and jumbo mortgages, generally speaking require better still credit. (more…)