Financing in Clifton>Question Details

misridley, Home Buyer in Willingboro, NJ

what if the person cs is 546 what would be the mthly mortgage, and down payment?

Asked by misridley, Willingboro, NJ Wed Oct 24, 2012

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Joseph Roraff’s answer
The monthly mortgage and down payment is usually calculated by the cost of the home you are wanting to buy. I have a mortgage calculator on the blog below. You can use that to figure in your monthly mortgage.
If someone had a credit score of 546 then I would advise them to do things to try to increase their Credit Score. Things such as getting a Target Red Card or getting a credit card and only buying small things with it and making sure you pay it off as fast as possible. Talk to a money lender in your area and they can help you out.
0 votes Thank Flag Link Thu Dec 13, 2012
Misridley if your middle credit score is 546, you unfortunately won't be able to obtain a credit score. You should work at increasing the score.
0 votes Thank Flag Link Thu Dec 13, 2012
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