Zillow Advice: Home Buying - I have a 640 credit score and 3 years on my current job. Should I buy now or improve my score first http://www.zillow.com/advice-thread/I-have-a-640-credit-score-and-3-years-on-my-current-job-Should-I-buy-now-or-improve-my-score-first/470795/ Zillow Advice | Zillow Real Estate Even with a 640 someone should ... http://www.zillow.com/advice-thread/I-have-a-640-credit-score-and-3-years-on-my-current-job-Should-I-buy-now-or-improve-my-score-first/470795/ Even with a 640 someone should be able to help you...I get emails all the time from lenders saying their companies carry "Portfolio FHA" products and will finance with a Fico as low as 580 (or somewhere in the 500s) I think.<br/><br/>Best wishes from So-Cal and good luck Tue, 11 Dec 2012 19:02:00 GMT http://www.zillow.com/advice-thread/I-have-a-640-credit-score-and-3-years-on-my-current-job-Should-I-buy-now-or-improve-my-score-first/470795/ 2012-12-11T19:02:00Z Set up meetings with a couple ... http://www.zillow.com/advice-thread/I-have-a-640-credit-score-and-3-years-on-my-current-job-Should-I-buy-now-or-improve-my-score-first/470795/ Set up meetings with a couple of mortgage lenders to see what you qualify for. &nbsp;If you find a home you like and can afford, buy it before rates and values increase! Mon, 10 Dec 2012 21:00:00 GMT http://www.zillow.com/advice-thread/I-have-a-640-credit-score-and-3-years-on-my-current-job-Should-I-buy-now-or-improve-my-score-first/470795/ 2012-12-10T21:00:00Z Buy now! I would look at ... http://www.zillow.com/advice-thread/I-have-a-640-credit-score-and-3-years-on-my-current-job-Should-I-buy-now-or-improve-my-score-first/470795/ Buy now! I would look at the 2% down Conventional Program NO PMI over FHA.<br/><br/>I'd be happy to help you evaluate loan programs. <br/>[Promotion removed by Zillow moderator. Please see our&nbsp;<u><a href="http://www.zillow.com/howto/GoodNeighborPolicy.htm">Good Neighbor Policy</a></u>&nbsp;for posting guidelines.]<br/><br/>Ron Jensrud<br/>[Promotion removed by Zillow moderator. Please see our&nbsp;<u><a href="http://www.zillow.com/howto/GoodNeighborPolicy.htm">Good Neighbor Policy</a></u>&nbsp;for posting guidelines.] Mon, 10 Dec 2012 16:49:00 GMT http://www.zillow.com/advice-thread/I-have-a-640-credit-score-and-3-years-on-my-current-job-Should-I-buy-now-or-improve-my-score-first/470795/ 2012-12-10T16:49:00Z If you plan to go FHA (and ... http://www.zillow.com/advice-thread/I-have-a-640-credit-score-and-3-years-on-my-current-job-Should-I-buy-now-or-improve-my-score-first/470795/ If you plan to go FHA (and pay a minimal down payment of 3.5%), your scores won't really effect your rates, as long as you meet the minimum for the lender.&nbsp;<br/><br/>If you plan to go conventional (more money down, at least 5%, and more out of pocket closing costs, you may need to improve your scores&nbsp;substantially&nbsp;to see an&nbsp;improvement&nbsp;in scores.<br/><br/>There is never any ONE perfect time to buy a home. It is a multifaceted purchase with a dozen different pros and cons. It is a very personal decision .Speak to some mortgage professionals and see what the possibilities are. Sun, 09 Dec 2012 05:08:00 GMT http://www.zillow.com/advice-thread/I-have-a-640-credit-score-and-3-years-on-my-current-job-Should-I-buy-now-or-improve-my-score-first/470795/ 2012-12-09T05:08:00Z Contact two mortgage brokers ... http://www.zillow.com/advice-thread/I-have-a-640-credit-score-and-3-years-on-my-current-job-Should-I-buy-now-or-improve-my-score-first/470795/ Contact two mortgage brokers and ask them to provide you with a pre-approval.&nbsp; Without seeing your financial profile, it is difficult to say how you can improve your score. Sun, 09 Dec 2012 04:34:00 GMT http://www.zillow.com/advice-thread/I-have-a-640-credit-score-and-3-years-on-my-current-job-Should-I-buy-now-or-improve-my-score-first/470795/ 2012-12-09T04:34:00Z You should get a &nbsp;real ... http://www.zillow.com/advice-thread/I-have-a-640-credit-score-and-3-years-on-my-current-job-Should-I-buy-now-or-improve-my-score-first/470795/ You should get a &nbsp;real good rate, I would buy now before rates go up.<br/> Sun, 09 Dec 2012 03:26:00 GMT http://www.zillow.com/advice-thread/I-have-a-640-credit-score-and-3-years-on-my-current-job-Should-I-buy-now-or-improve-my-score-first/470795/ 2012-12-09T03:26:00Z