Advice Topics
- Buying (155)
- Selling (183)
- Renting (39)
- Market News & Trends (11)
- Finance & Legal Info (83)
- Tips & Advice (86)
- Working With an Agent (51)
- Marketing (4)
- Investing (13)
- Affordable Housing (13)
- Green Housing (2)
- Schools (1)
- Remodeling (29)
- International Real Estate (8)
- Terms & Definitions (23)
- Home Loans (10)
Top Contributors (View All)
Find a Top Real Estate Agent Near You
Should I wait to increase my credit score before buying a house?
Asked By Gloria R. | Middleburg, FL | 630 views | Buying | 3 years ago
Answer(5)
Steven Hunt
Real Broker NY LLC
Gloria, there are many factors when it comes to if ou should wait or not. Rates change all day and prices fluctuate as well. Personally, I would buy asap if I wanted to buy a home. Reach out to a Loan Originator and find out if you qualify. If not then you will have to work on your credit. Credit Karma helps give you an idea of where your score is.
I have seen buyers with 580 middle credit get loans. If you need some Mortgage Loan Originator contacts and Real Estate Agents I can help you out with that, 518-526-4964
- 3 years ago
Helpful (0)
Unhelpful (0)
Rob Cerveny
Berkshire Hathaway Home Services
maybe! get your self committed to a lender and they can help you!
- 2 years ago
- Helpful (0)
- Unhelpful (0)
Are you ready to find a top agent near you?
Browse profiles of the highest ranked agents in your area and find one that meets your specific needs.
Ginger Gendron
BHHS Verani
Hi Gloria,
Do you happen to know what your credit score is? I find that when clients talk to a Mortgage Broker, they can help get you on the right path! Increasing your credit score is always a great idea, but you might be surprised what you can already qualify for. Rates are great, call her Broker and check it out.
Good Luck - you got this!
- 3 years ago
- Helpful (0)
- Unhelpful (0)
Hi Gloria, I am a realtor for all of Clay, Duval and St Johns, etc.. The answer, I would need more information, to suggest what to do. There is a minimum CR score, in many cases we can work with that. Currently we can offer first time home buyers and downpayment assistance incentives. I can connect you with specialty mortgage brokers and I will get you to homeownership fast. Nena Century 21 cell 571.723.6690
- 3 years ago
- Helpful (0)
- Unhelpful (0)
Erica Ferrell
Properties By Me
Hello Gloria, please note that increasing your credit score is best. Normally 640 is needed for the best outcome when shopping for the perfect mortgage. Also not that lowering your debt as much as possible is equally ideal. It would also help tremendously if you took a 1st time home buyers class/workshop. Hope this helps and Best Wishes.
- 3 years ago
- Helpful (0)
- Unhelpful (0)
Related Questions
-
What is the first step in buying a home?
- Asked by Mike M.
- 769 views
- Buying
- 3 years ago
-
How to buy a house without closing costs or down payments?
- Asked by Timothy S.
- 868 views
- Buying
- 3 years ago