The Secret to Buying a House with Bad Credit

The Secret to Buying a House with Bad Credit

The Secret to Buying a House with Bad Credit

You might think that having a credit score in the 500s would keep you from buying a home. But that isn’t always the case.

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.

1. The type of mortgage you want 2. The lender you’re asking 3. Who you are

What Credit Score is Needed to Buy a Home?

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.

VA Loans' Credit Score Requirements

While the VA itself has no minimum score or down payment requirements, lenders that provide VA loans may still have those requirements.

All it takes is one free phone call and a quick consultation with a HUD-certified housing counselor.

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

Why You Need a Housing Counselor

Counselors go through extensive training, learning about federal, state, and local programs that help homebuyers achieve the dream of homeownership.

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