Zillow Advice: Credit Scores - WHAT IS THE MINIMUM AGE TO B UY A HOUSE? http://www.zillow.com/advice-thread/WHAT-IS-THE-MINIMUM-AGE-TO-B-UY-A-HOUSE/349510/ Zillow Advice | Zillow Real Estate A minor cannot&nbsp;be bound ... http://www.zillow.com/advice-thread/WHAT-IS-THE-MINIMUM-AGE-TO-B-UY-A-HOUSE/349510/ A minor cannot&nbsp;be bound by&nbsp;a legal binding contract. At age 18-years you are considered an adult and therefore you can apply for a loan&nbsp;and purchase a home. Your credit scores are fair and if you have the income, savings,&nbsp;and credit history required to qualify&nbsp;then go for it! A few lenders even offer special pricing for first time home buyers and it is never too soon to start investing!&nbsp; Wed, 12 May 2010 21:29:00 GMT http://www.zillow.com/advice-thread/WHAT-IS-THE-MINIMUM-AGE-TO-B-UY-A-HOUSE/349510/ 2010-05-12T21:29:00Z If you have the steady income ... http://www.zillow.com/advice-thread/WHAT-IS-THE-MINIMUM-AGE-TO-B-UY-A-HOUSE/349510/ If you have the steady income to show that you can afford the monthly payment and you are over 18 you could potentially purchase a home. &nbsp;We have 5 financing programs that you could chose from. &nbsp; Wed, 24 Nov 2010 20:24:00 GMT http://www.zillow.com/advice-thread/WHAT-IS-THE-MINIMUM-AGE-TO-B-UY-A-HOUSE/349510/ 2010-11-24T20:24:00Z 18 years old. Contact a lender ... http://www.zillow.com/advice-thread/WHAT-IS-THE-MINIMUM-AGE-TO-B-UY-A-HOUSE/349510/ 18 years old. Contact a lender for your options. Looks like you would be a good candidate for an FHA loan with a non occupying co borrower. Good Luck Fri, 19 Nov 2010 20:54:00 GMT http://www.zillow.com/advice-thread/WHAT-IS-THE-MINIMUM-AGE-TO-B-UY-A-HOUSE/349510/ 2010-11-19T20:54:00Z If you are of legal age to ... http://www.zillow.com/advice-thread/WHAT-IS-THE-MINIMUM-AGE-TO-B-UY-A-HOUSE/349510/ <p>If you are of legal age to inter into a binding contract, lenders cannot discriminate against age. At 18 you are of age.&nbsp; Loan guidelines are very strict when it comes to income verification and&nbsp;liquid asset verification for cash at closing and down payment.&nbsp; Those seem to be the next&nbsp;items that you&nbsp;need to address.&nbsp; Best of luck!&nbsp;</p> Thu, 13 May 2010 20:26:00 GMT http://www.zillow.com/advice-thread/WHAT-IS-THE-MINIMUM-AGE-TO-B-UY-A-HOUSE/349510/ 2010-05-13T20:26:00Z 18 years old. Several financing ... http://www.zillow.com/advice-thread/WHAT-IS-THE-MINIMUM-AGE-TO-B-UY-A-HOUSE/349510/ <p align="left">18 years old. Several financing options available. If you have limited income or&nbsp;no income as&nbsp;a student FHA financing is the way to go. It allows you to have a relative go on the loan with you. Essentially using their income while they are not living in the property. My lender operates nationally with Flagstar Bank, names Caleb Cobane, he does alot of my deals in Vegas from his location in Lexington, ky. 8592533377x514. Tell him Sean sent yuh!&nbsp;</p> Thu, 13 May 2010 19:33:00 GMT http://www.zillow.com/advice-thread/WHAT-IS-THE-MINIMUM-AGE-TO-B-UY-A-HOUSE/349510/ 2010-05-13T19:33:00Z Life changes a lot between ... http://www.zillow.com/advice-thread/WHAT-IS-THE-MINIMUM-AGE-TO-B-UY-A-HOUSE/349510/ Life changes a lot between 18 and 25 or 30.&nbsp; At 18 are you absolutely sure you want to take on something that will act as an anchor to your life?&nbsp; <br/><br/>My personal opinion is that you should only be investing in your education at your age, and see where that take you. Wed, 12 May 2010 22:16:00 GMT http://www.zillow.com/advice-thread/WHAT-IS-THE-MINIMUM-AGE-TO-B-UY-A-HOUSE/349510/ 2010-05-12T22:16:00Z Your age is not an issue, ... http://www.zillow.com/advice-thread/WHAT-IS-THE-MINIMUM-AGE-TO-B-UY-A-HOUSE/349510/ Your age is not an issue, your credit score may affect your loan so I would advise you to speak to a lender or a couple of them to discuss what you are potentially able to purchase. Wed, 12 May 2010 14:19:00 GMT http://www.zillow.com/advice-thread/WHAT-IS-THE-MINIMUM-AGE-TO-B-UY-A-HOUSE/349510/ 2010-05-12T14:19:00Z It appears your age will ... http://www.zillow.com/advice-thread/WHAT-IS-THE-MINIMUM-AGE-TO-B-UY-A-HOUSE/349510/ It appears your age will not prevent you from purchasing. Your credit score is also workable although you <u>may</u> not get the absolute lowest rate available due to the mid score.<br/><br/>It appears the last questions would be will you qualify due to credit history, job history and debt to income calculations&nbsp;. The only way to determine this is the talk with a Lender you feel comfortable with so that they can assess your unique situation. Often someone your age has not built enough tradeline accounts to qualify, but this certainly may not be the case for you. <br/>The best advise is to contact a Lender and let them guide you thru the process. Be sure you work with someone you can trust to avoid being taken advantage of as a young first time home buyer. Most lenders are honest and upfront, but unfortunately, there are still a few left that may not be.<br/><br/>Good luck! I hope all works out well for you. Wed, 12 May 2010 14:05:00 GMT http://www.zillow.com/advice-thread/WHAT-IS-THE-MINIMUM-AGE-TO-B-UY-A-HOUSE/349510/ 2010-05-12T14:05:00Z 18, How big of a home would ... http://www.zillow.com/advice-thread/WHAT-IS-THE-MINIMUM-AGE-TO-B-UY-A-HOUSE/349510/ 18, How big of a home would you like to buy? Wed, 12 May 2010 11:16:00 GMT http://www.zillow.com/advice-thread/WHAT-IS-THE-MINIMUM-AGE-TO-B-UY-A-HOUSE/349510/ 2010-05-12T11:16:00Z Looks like you're of legal ... http://www.zillow.com/advice-thread/WHAT-IS-THE-MINIMUM-AGE-TO-B-UY-A-HOUSE/349510/ Looks like you're of legal age to buy and&nbsp;apply.&nbsp; However, do you have the income and credit history to back up for a lender to give you a loan.<br/><br/>You need to contact a lender and go from there.&nbsp; I commend you for thinking responsibly and for a pretty good credit score for someone of your age.<br/><br/>Good luck and I hope you realize your dream of homeownership.<br/><br/>Naima Wed, 12 May 2010 04:59:00 GMT http://www.zillow.com/advice-thread/WHAT-IS-THE-MINIMUM-AGE-TO-B-UY-A-HOUSE/349510/ 2010-05-12T04:59:00Z