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Tagged with: credit score
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Betty Kerrigan
2 months ago
My son in law wants to purchase 10 acres of land, which includes a 3 bedroom\2 bath mobile home. He has been at his job for 12 years, but has no credit. He'd like to put 10% down. He's 57 years old and would be a first time home buyer. Would he qualify for a FHA mortgage?
My son in law wants to purchase 10 acres of land, which includes a 3 bedroom\2 bath mobile home. He has been at his job for 12 years, but has no credit. He'd like to put 10% down. He's 57 years old and would be a first time home buyer. Would... (more)
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GINA NICHOLS
5 months ago
Is it possible to have a low credit score and still buy a home? We are planning to buy a home in the next year or two. The goal is to pay off all credit cards and everything on the credit report. The only loan we will still have is a car loan 13k. Our scores are low so it will be hard to get up to high 500's or 600's. We will attempt to have 6-7k down. Household income around 70k with one payment of $400 for car loan. Is this journey possible to get a home?
Thank you!
Is it possible to have a low credit score and still buy a home? We are planning to buy a home in the next year or two. The goal is to pay off all credit cards and everything on the credit report. The only loan we will still have is a car loan 13k.... (more)
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Mercy Croft
7 months ago
I am a 75 year old retiree. I have 1600 a month net income from social security and a small pension. I just got a credit score, because I recently took out a secured credit card. No FICO shows yet on experian, but creditkarma shows transunion 664 and equifax 670. I have no other credit cards or financing of any kind. The only alternative credit line I have would be my electric bill. All other bills are in my daughters name. I don't even have things like a gym membership or netflix account, so the only alternative credit line period is my electric bill. I have no debts on my credit history.

Does it sound like I can qualify, for either a FHA or USDA loan?
I am a 75 year old retiree. I have 1600 a month net income from social security and a small pension. I just got a credit score, because I recently took out a secured credit card. No FICO shows yet on experian, but creditkarma shows transunion... (more)
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Galen Quace
9 months ago
My DTI WITH the new house is like 27%

Will FHA cover a loan for this amount?
My DTI WITH the new house is like 27%

Will FHA cover a loan for this amount?
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Joyce Waller
a year ago
Credit score around 475, bankruptcy discharge November 2016 need help raising credit score.
Credit score around 475, bankruptcy discharge November 2016 need help raising credit score.
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Amanda Forrest
a year ago
My husband and I had to sell our previous residence via short sale where we were a few months delinquent in our payments. Our credit scores are in the 580 vicinity and we are currently renting, but found a very reasonably priced home we would like to purchase in the neighboring town, which would be less per month than our current rent. Do we have any options right now? Short sale was closed in Nov. 2015.
My husband and I had to sell our previous residence via short sale where we were a few months delinquent in our payments. Our credit scores are in the 580 vicinity and we are currently renting, but found a very reasonably priced home we would like to... (more)
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Heather Arnder
a year ago
If you have a payment plan set up for a credit card judgment can you get approved for a FHA loan or do you have to pay it off in full?
If you have a payment plan set up for a credit card judgment can you get approved for a FHA loan or do you have to pay it off in full?
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A Curious User
a year ago
Had to short sale condo 3 years ago. My credit score is 800.
Had to short sale condo 3 years ago. My credit score is 800.
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A Curious User
a year ago
I'm 44, so I have credit history for the years prior, but I did file bankruptcy 3 years ago. My credit score is 693, and I have no debt except for student loans which I won't have to start paying on till June of this year. Does anyone know if I'll be able to qualify for an FHA loan? I'll have around $5,000 down.
I'm 44, so I have credit history for the years prior, but I did file bankruptcy 3 years ago. My credit score is 693, and I have no debt except for student loans which I won't have to start paying on till June of this year. Does anyone know if... (more)
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A Curious User
a year ago
4 years ago we purchased a property via land contract. During that time we blew our credit rating moving locations and starting over with our business. For this reason we can barely buy a car at decent interest rates despite good monthly income. We have paid our land contract payment every month without fail and wish to get a "proper" mortgage but we are afraid that one look at our credit scores will devastate those chances. Is there anyone out there who will grant us a mortgage with (around) prime interest rate?
4 years ago we purchased a property via land contract. During that time we blew our credit rating moving locations and starting over with our business. For this reason we can barely buy a car at decent interest rates despite good monthly income. ... (more)
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