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buying a home: How to Buy a Home with Bad Credit
- 07/23/13 01:40 AM
Due to creditors looking for positive credit histories, an established income and a low debt-to-income ratio, it can be difficult to receive a mortgage to purchase a home when you have bad credit. A potential buyer that meets only one or two of these criteria is unlikely to receive the mortgage they had been looking for. If that is the case, there are ways to still obtain that loan. Here are some of the steps on how to purchase a home if your credit is suffering.
First, do a full credit history check to see if there are any errors. … (0 comments)
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Due to creditors looking for positive credit histories, an established income and a low debt-to-income ratio, it can be difficult to receive a mortgage to purchase a home when you have bad credit. A potential buyer that meets only one or two of these criteria is unlikely to receive the mortgage they had been looking for. If that is the case, there are ways to still obtain that loan. Here are some of the steps on how to purchase a home if your credit is suffering.
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