The Secret to Buying a House with Bad Credit

Depending on your circumstances, you may have lending options that make it possible to overcome that bad credit barrier when buying a home. This guide will teach you how to buy a house with bad credit, and where to go to find financing that will work for you.

What Credit Score is Needed to Buy a Home?

The minimum credit score you need to buy a home will vary based on a few factors: 1. The type of mortgage you want 2. The lender you’re asking 3. Who you are

Minimum Credit Score Needed for Different Mortgages

Certain types of home loans allow you to qualify with a lower credit score while others require a higher score.

Lender Credit Score Requirements

Every lender has a set minimum credit score they require to approve homebuyers for a mortgage. Some lenders will accept lower credit scores while others have stricter requirements.

VA Loans’ Credit Score Requirements

Your personal situation may also come into play when it comes to getting a mortgage with bad credit. The best example is VA loans, which are backed by the U.S. Department of Veterans Affairs. VA loans have no minimum credit score requirement.

So, What’s The Secret to Buying a House With Bad Credit?

No matter what your circumstances are, there is one surefire way to find all the opportunities available to you to buy a house with bad credit. All it takes is one free phone call and a quick consultation with a HUD-certified housing counselor.

TAP THE LINK BELOW FOR THE FULL POST OF The Secret to Buying a House with Bad Credit