A large purchase can seem quite daunting, especially if your credit score isn’t the best. The good news is, having a lower credit score doesn’t completely eliminate your chances of qualifying for a loan. There are plenty of options for homebuyers with low scores, high scores and all scores in between.
Set yourself up for loan success by getting your personal finances and credit score in check
When preparing to invest in a home, one thing you can do to set yourself up for success is to get your personal finances in check early on. Here’s what we recommend:
This isn’t always easy. In fact, about 80% of Americans have some form of debt. While it may not be possible to get rid of all of your debt, minimizing it even slightly…