Credit Score in Charlotte : Questions & Answers

change location

cancel or

Q&A

18
Eleanor Thor…, Real Estate Pro in Cary, NC
Eleanor Thorne answered:
Credit scores around 600, married couple with a combined income of 60,000.
The Lender will have to see your credit to help you answer this. In general, FHA will go down to a 580 score. Most of the success we've had with folks that low are those who lost a jo ... more
0 votes Share Flag Tue Mar 25, 2014 Credit Score in Charlotte
Eleanor Thor…, Real Estate Pro in Cary, NC
Eleanor Thorne answered:
Are there any mortgage lenders in the area that will let you got conventional loan, without 20% down, witha credit score under 680?
Yes, you can get a Conventonal Loan with as little as 5%, as long as they are your own funds, not a gift with a score as low as 620. If the funds are coming as a Gift, then we would ne ... more
0 votes Share Flag Tue Mar 25, 2014 Credit Score in Charlotte
Michael Abra…, Real Estate Pro in Chicago, IL
Michael Abramsky answered:
We are in our home that we are buying, my credit is not good, but I have a good income and as well as my daughter, with our incomes we can pay.
It will be in your best interest to fix your credit so that you may qualify for a mortgage. Here's a link to 5 simple tips you can implement to start repairing your credit: http://www.c ... more
0 votes Share Flag Tue Jan 14, 2014 Credit Score in 28214
Randall Yates, Real Estate Pro in Dallas, TX
Randall Yates answered:
I am currently a renter with a bad credit score of 556. I am looking for some help from someone who can advise me on how I can raise my credit score.
Where did you pull the 556 score from? A report you get online will have different scores than a lender pulls, sometimes I have seen a 50-80 point difference in either direction. I know ... more
2 votes Share Flag Tue Aug 20, 2013 Credit Score in Charlotte
Andrea Gomez, Real Estate Pro in San Antonio, TX
Andrea Gomez answered:
what if my score is below 580, can i still get a home loan?
You can get an FHA loan with under a 600 middle score with some lending institutions but not many. I would recommend finding a broker or service to help you locate a reputable lender th ... more
4 votes Share Flag Sun Jul 14, 2013 Credit Score in 28214
Cjisley, Home Buyer in Greensboro, NC
Cjisley answered:
Where are the lenders that work with 550 - 600 scores in Charlotte nc. I want to purchase a house for $85,000. Please help.
Hey, I'm a first time home buyer with a credit score around 630. I live in greensboro NC and I'm look for a lender who will except my score. The house I've found is 90,00 ... more
0 votes Share Flag Fri Feb 22, 2013 Credit Score in Charlotte
Christina So…, Real Estate Pro in Morristown, TN
Christina Solorzano answered:
Just can't seem to get my credit right
This is a year old... How has your credit developed in the last year. If you care to share.

Have a great day;

Christina Solorzano;
CEO & SR Credit & Mortgage Consultant of
Everl ... more
0 votes Share Flag Tue Jun 26, 2012 Credit Score in Charlotte
Richardsene, Real Estate Pro in Charlotte, NC
Richardsene answered:
Where are the lenders in Charlotte nc. I want to purchase a house for $85,000. Please help. Experian - 589 Equifax -538. trans- 558.. have 5% d.p.
We advise also to take out the time to build yourself up by savings and living within a budget.
These goals will provide you with the model for long-tiime success with homeownership a ... more
0 votes Share Flag Thu Apr 19, 2012 Credit Score in Charlotte
Trevor Curran, Real Estate Pro in Bronx, NY
Trevor Curran answered:
my score is 529; am paying two CC off in Jan; is there any chance of a mortgage by april?
We see many credit reports with low credit scores (anything less than 620), and often many scores in the 500's. This is BAD credit. If you are one of the folks affected by this terrible ... more
0 votes Share Flag Tue Apr 17, 2012 Credit Score in Charlotte
Dawn, Home Buyer in Charlotte, NC
Dawn answered:
Credit score 552-576, Debt to income ratio: 7%, Mortgage on the $99,000 condo I want would be less than 15% of my income. Any hope at a loan?
With your credit being so close....contact Matt Gray with Fairway Mortgage....His office is good a cleaning credit up Email: mattg@fairwaync.com
0 votes Share Flag Thu Jan 26, 2012 Credit Score in Charlotte
Stephan  D.…, Real Estate Pro in Charlotte, NC
Stephan D. Saillant answered:
If someone who has a credit card adds you to there account can that increase your credit score as long as the balance is low and the payment are on
Hi Amy,

This strategy used to work a few years ago. Lenders are now stricter. Best way to establish credit for yourself is to get one or two secured credit cards (if you can't g ... more
0 votes Share Flag Thu Jan 12, 2012 Credit Score in Charlotte
Daniel Fisher, Real Estate Pro in Charlotte, NC
Daniel Fisher answered:
Where are the lenders that work with 550 - 600 scores in Charlotte nc. I want to purchase a house for $85,000. Please help
Good morning SB!
Did you find a lender yet? If not, we have some ideas for you. One of the most important things you must have to qualify for a loan to Buy a Home in Charlotte, NC or ... more
0 votes Share Flag Tue Dec 6, 2011 Credit Score in Charlotte
dave, Real Estate Pro in Charlotte, NC
dave answered:
Could I get a loan for a $25,000 house with $5000 down and a 612 credit score?
Nicole,

You can qualify for a mortgage with a credit score of 612. The mortgage broker I use does not care if you are gettign a $5000 loan or a 500,000 loan. He will do all types ... more
1 vote Share Flag Mon Aug 29, 2011 Credit Score in Charlotte
dave, Real Estate Pro in Charlotte, NC
dave answered:
Are there any lenders that will help 1st home buyers w/credit score between 545-563 in New York?
There are lenders out there that do offer programs for people in your situation. I use Coldwell banker mortgage and they will approve as low as 500 credit score. Teh down payment incr ... more
0 votes Share Flag Tue Jul 19, 2011 Credit Score in Charlotte
Nathan Wolf, Real Estate Pro in Charlotte, NC
Nathan Wolf answered:
i need a fha lender in charlotte, nc. Credit scores experian-557, equifax-516, and transunion - 543....
Most require 620 to 640 minimums. WellsFargo has a new program for 500 scores. Check out all the local homes on http://www.clthome.com
2 votes Share Flag Thu Mar 31, 2011 Credit Score in Charlotte
Robin Silver…, Real Estate Pro in Garden City, NY
Robin Silverberg answered:
I have several items on my credit report that I am trying to pay and have removed( utility bills). I was advised to contact the collection agency
Amy, you may have gotten decent advice on paying those collections off, but they may have steered you wrong about how to get those things removed. If you tell them that you will pay the ... more
0 votes Share Flag Fri May 21, 2010 Credit Score in 28212
Don Groff, Real Estate Pro in Cedar Park, TX
Don Groff answered:
what is the best site to go to get a credit score and will getting my own credit score affect my score?
Hello Amy,

The absolute best site to go to is www.AnnualCreditReport.com and not with the "my free" at the beginning. This website is run 3 of the major credit vendors. Y ... more
0 votes Share Flag Sat May 1, 2010 Credit Score in Charlotte
Sharon Finch, Real Estate Pro in 28104
Sharon Finch answered:
We'll be engaged shortly and she's really wanting to take advantage of tax credit. We'll be engaged when we buy the home.
It takes one to buy (Her) and two to sell(if you marry after the purchase); and when you marry, you will be co-owner of the property unless you specifiy differently on a legal document ... more
0 votes Share Flag Sat Jan 30, 2010 Credit Score in Charlotte
Search Advice

Followers

1062
Email me when…

Learn more

Meet the Trulia VIPs
G.I. LAWRIE  LAWRENCE,..., Broker in Mooresville
G.I. LAWRIE LAWRENCE,...
Broker
Mooresville
Charles Adkins, Broker in Charlotte
Charles Adkins
Broker
Charlotte
Peggy Ann Peterson, Broker in Charlotte
Peggy Ann Peterson
Broker
Charlotte
Home > Q&A > North Carolina > Mecklenburg County > Charlotte > Credit Score in Charlotte
Copyright © 2014 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer