Home Buying in Lawrence>Question Details

Isabel, Home Buyer in

my credit score is 541 can i buy a house in lawrence mass

Asked by Isabel, Thu Aug 7, 2008

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3
Dan’s answer
It depends how much money you can put down for a downpayment. If you can muster up 20%, you should be fine.

Try seekingagents.com to find a real estate agent who'll help you find a home, a loan, and take you through the buying process smoothly.

Best of luck,
Dan
0 votes Thank Flag Link Thu Aug 7, 2008
I'm getting this message because I'm licensed for Lawrence, Kansas, but I don't believe the credit scores are regionalized. The most lenient credit score in my area if currently 580 for an FHA loan. I would suggest you talk with a mortgage company or mortgage broker; preferably one recommended by your real estate agent.
Web Reference: http://CBKansas.com
0 votes Thank Flag Link Thu Aug 7, 2008
Contact a local mortgage broker where loan officer can pull accurate info. more than likely no however it is undetermine if 541 is your midscore? If not low score you are declined you will need to improve your overall credit scores to purchase home,
http://www.lynn911.com http://www.homes-for-sale-dallas.com
Web Reference: http://www.lynn911.com
0 votes Thank Flag Link Thu Aug 7, 2008
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