If my credit score is 620 or lower is it impossible to get into a home,if not what is the best way for me
im a single mother of two.
http://dallasloanguy.com/docs/about_credit.pdf
Here is a free book about credit. You may be able to get your score over 620 pretty quick.
You know...in all honesty...if you need some time to get your credit score in a "better place", maybe you should consider a "lease purchase"...I know most agents don't like these type transactions...but we are living in a "different world" right now...and if negotiated correctly...a lease purchase contract could be a good solution for you.
The very best person to answer this question is a lender. They will need to pre-qualify you for a home
write me at springrealtor@sbcglobal.net
for more information
620 is fine for an FHA with 3.5% down & some lenders are able to take 580-585 depending on other factors. your best option is to sit down with a reputable local lender to discuss your situation.
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