You'll want to gather up your pay stubs from the last month and a few months of bank statements so you can find out how much of a payment you qualify for.
I've been in the business for years, I'm based out of Ann Arbor and I reside in Plymouth. I can help educate you on the process and answer all your questions. Feel free to give me a call at 734-528-5511 or drop me an email at email@example.com
Congrats on deciding to take the plunge!
The first thing you need to do is speak to a loan officer. They can tell you how much you can afford, so you are not wasting you time looking at houses out of you price range. Also if you find a good one if your credit is not where it needs to be, they can help you with a plan to get it there. Next find a good Realtor, normally we don't charge the buyers anything for our services. As far as credit score that answer varies depending on the company. Remember that FHA loans are coming back and they don't weigh heavily on credit scores. check itout and good luck!
It's a great time to buy and there are lots of wonderful deals out there for you to take advantage of.
Here is a really great site with probably more information than you really need, but it's a terrific resource for first time buyers:
I'll let a mortgage rep answer the credit score question, but feel free to visit my website below for more information or call me at 248-974-6210.