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Recently moved 2 live in USA.Wd like to work twds buying a house in LA. No Credit.What steps 2 take

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November 22 2009 - Olde Torrance
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income and employment will put you in position.
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November 26 2009
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Welcome to the USA.

To build up credit, you must develop a history of responsible use of credit.  A credit card, a car loan paid on time consistently are a good start.

Employment history of at least a couple of years in the US is also important when applying for loans.

While working on these two, you will have a chance to build up a down payment, if you don't have one yet.   A 20% downpayment is a good target, although there may be some loans available with 3.5 to 5.0% down.

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November 22 2009
 
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Recently moved 2 live in USA.Wd like to work twds buying a house in LA. No Credit.What steps 2 take
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Latest answer by Johnny James
November 26 2009 | 2 answers
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