TWNKLWES, Unless you are very familiar with the factors that affect your credit score I would suggest that you do not start by just paying off things. I've found that some actions can lead to your credit score getting even worse if you are doing it without a plan in place.
I think you are better served by having a loan officer run your credit report through an analysis that can identify what actions will have the greatest impact on your credit score. You may also try a reputable credit repair company because they can be great advocates on your behalf.
Your goal should not be just to achieve the minimum accepted credit score but to improve it to the point where you will have even better rates and more options. Credit scores are used not only to determine eligibility for many programs but can also have a dramatic affect on the rate and points you are quoted.
Please contact me through my profile if you would like to discuss this in greater detail.... more
Hello, I just saw your question so I guess I am late to the party but I wanted to jump in anyway.. I am not sure I totally understand your question but something that jumped out at me was "no money saved".. I would say your next step would be to save as much money as you can since you have a steady income.
If you have no money saved, you won't be in the best negotiating situation when it comes to putting an offer in on a home if you get approved. You would have to ask for seller assist and that puts you behind the 8 ball so-to-speak. When you put an offer in on a home you want to be as strong as you can be and be in the best position to negotiate hard (well your buyer representative). I would say that you should first find yourself a RealtorÂ® or licensed sales person (there is a difference) who you feel that you will mesh well with and then build a relationship with this person. Schedule an appointment and put a plan together with your new representative.
I do this with my clients. By the time you have money saved, you will be in a great position to get your dream home and won't need to ask for any assist from the seller.
I'd be happy to go over this with you more if you would like and help you put a plan together. Feel free to email me at firstname.lastname@example.org or call me direct at 215.669.0589.
I would say that 608 is an acceptable credit score if you find the right lender. For example, I have been able to give out loans with credit scores as low as 580. In this case you would be able to qualify for a loan. Keep in mind though that other factors are taken into consideration as well. These factors include income, expense, debt, assets, liabilities, employment, and down payment. I would recommend speaking with a lender like myself who can help you out. Well I hope this helps! If you have any further questions or if you need a loan, feel free to contact me. Also, if you found this helpful please leave me a recommendation if you can! Good Luck! Brian Nguyen Sr. Mortgage Banker NMLS # 659743 Phone: 949.667.2887 email@example.com... more
if you have 40% down, then you have options...if you don't have that musch, you will need to try to build credit or find a seller thats offering seller financing...or get a co-borrower (in this case the borrower)... more
I would love to give you an answer. What house are you interested in? What neighborhood would you like to get information on ? Is there a particular zip code we can search for you/
Do a search on my website
Feelings aren't always fact, as they say. How do you think you were tricked. What false information were you given? Who is "they" ("had many more damages than they had stated")? Why did you buy the house after you got such a bad inspection report, or DID you buy the house?
I can answer one question, though. No. You can't get back the inspection fee.... more