I heard banks are givingway these properties...are you still required to have a 600 credit score to buy a?
are you still required to have a 600 credit score to buy??1st time buyer.
Answers (2)
Flav,
There is a federl website that answers most common "first time home buyer" questions. Consider viewing the site:
http://www.federalhousingtaxcredit.com/2009/faq.php
Good luck
The Eckler Team
FIRST ANSWER
These properties are basically being sold at market value--unless they are complete wrecks. You pretty much need a 620 to qualify,although some lenders will consider a 580 if all other factors are acceptable.
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