The Northern Virginia housing real estate market is and has been one of the most stable as well as one of the more costly areas to live. The cost to buy or rent a home here are much greater than the majority of metropolitan areas anywhere else in the U.S. The majority of those renting here say they would rather own a home but they are usually stopped by one or more of the following:
- Down Payment
- Monthly Mortgage Payment
- FICO Credit Score
In this post we will begin to address the 3rd concern on this list that stops renters from buying a home of their own their FICO Credit Score...
ORIGINALLY POSTED EXCERPTS FROM: https://www.comehomevirginia.com/are-you-renting-because-your-credit-score-is-too-low-to-buy
More Than 80% of Americans Don't Have To Rent...
but are because they believe they have to because they think their credit score is too low to qualify to buy a home. Every year, every month, every day millions and millions of Americans are throwing away thousands and thousands of dollars because they don't know what you will learn here. Are you one of the 80% + that are throwing away a fortune because you don't know this fact?
FACT: You DON'T Need A Great Credit Score To Get A Mortgage
You're making your landlord richer every day! Lining their pockets with your money when you could be keeping it for you and your family — securing your financial future. We've all heard the saying, "What you don't know can't hurt you," but the truth is what you don't know can hurt you a great deal — even though you don't realize it.
So, what is it that so many don't know that is costing them a fortune? Most Americans' FICO scores are high enough to qualify for a mortgage and to buy a home of their own! The sad part is many believe that a FICO Score in the 800's or the 700's or even the 600's is necessary to buy a home with a mortgage.This misinformation is holding back countless Americans from realizing the AMERICAN DREAM!
- What Credit Score Do You Need To Buy A House?
- What If Your Credit Score Is Still Too Low To Buy?
- What Are The Different Types Of Mortgages?
- Do You Have To Be A Veteran To Get A VA Mortgage?
- Are There Special Mortgages For Home Buyers In Virginia?
Get The Answers To These Questions And More In The Full Blog... Can I Buy With My Credit Score?
Save When You Buy With Our Unique CLICK To Read
If you are thinking about buying a home whether it's your first or just your next home here are just a few neighborhoods of the many available in the Northern Virginia Metro area that you can see the current list of available homes as well as neighborhood information.
"Is Your Credit Score High Enough To Buy A House?"
is brought to you courtesy of Dave Martin Realty Group, your Northern Virginia residential real estate experts. If you're considering selling or buying a house in the Northern Virginia metro area, we'd love an opportunity to earn your business, provide you an outstanding experience, and demonstrate to you that:
"Help From The Best Agent Makes All The Difference."