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Answers (2)
- Tom Matthews Joanne Taranto, "TomAndJoanneTeam"
- Contributions:528
Buyer:
You have a couple of options.
1. Meet with a local banker at you bank and have them sit down with you to determine how to improve your credit score. You should be able to lift it 50-45 points in 6 to 12 months.
2. You can buy now, but your rate will be 12% versus 4%.
3. See if you can find a seller that will offer financing. Best
You have a couple of options.
1. Meet with a local banker at you bank and have them sit down with you to determine how to improve your credit score. You should be able to lift it 50-45 points in 6 to 12 months.
2. You can buy now, but your rate will be 12% versus 4%.
3. See if you can find a seller that will offer financing. Best
- wetdawgs
- Contributions:26854
At 546 FICO score, the chances of finding a regular lender who will provide a mortgage at market rates are very slim . The best way to make it work is to spend a few months to a couple of years to get your score up to > 640 (and even better in the 700s)
my score is 546 i want buy a home i have good down payment good income how can i make it work
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