Be aware that a mortgage pre-approval letter is required in order to determine your price range and for any offers to be taken seriously, therefore for a personalized answer visit with any licensed loan officer; a determination can only be made after he/she reviews your overall financials....... more
Yes depending which type of mortgage you use. I would be happy to send you the contact information for a lender that will give you a free pre-approval. You will need a pre-approval to submit offers. Good luck!
Tom Brady SFR, e-PRO, SRES, GREEN, BPOR
Licensed Real Estate Salesperson
Notary Public, Retired N.Y.P.D. Lt.
"We treat you like family!"
Charles Rutenberg Realty, Inc.
255 Executive Drive - Suite 104
Plainview, New York 11803... more
If you are renting a CO-OP, definitely NO! If it's an apartment in a private house, then it all depends on what exactly shows in your report! There can be extenuating circumstances that can explaini why your scores are low!... more
Secured credit cards: If you make a security deposit of $300, you get a credit for $300
Department stores: Generally speaking, Khols, Macys, Sears and some other local chains have private labeled credit card programs that are easier to get approved than Mastercard or Visa.
Get a card with a co-signer: If you have someone you truly trust (and of course truly trust you), get a credit card with you as a co-signer.
Once you get your credit, try to keep your balances no higher than 15% of the limits.
Below is the application for the secured card. That is your best way to start.... more