Zillow Advice: Home Ownership - I want to purchase a home but my credit is bad, please advice. http://www.zillow.com/advice-thread/I-want-to-purchase-a-home-but-my-credit-is-bad-please-advice/507606/ Zillow Advice | Zillow Real Estate First, keep in mind that ... http://www.zillow.com/advice-thread/I-want-to-purchase-a-home-but-my-credit-is-bad-please-advice/507606/ First, keep in mind that the rules are constantly changing. &nbsp;I suggest finding a lender that you're comfortable with their experience and is on top of their game. &nbsp;A lender who will keep you updated as to the current rules and regulations is critical to getting you approved for a loan.<br/><br/>Some will disagree but I would not suggest any type of lease option or rent to own. &nbsp;They are very risky and I've not seen many that worked well in the end.&nbsp;<br/><br/>The past few years were tough on me personally. &nbsp;My credit was shot but it has since recovered because of time and my opening a secured credit card about two years ago. &nbsp;It's rare that I charge items on it. &nbsp;Using less than 30% of the limit helps improve your credit score. &nbsp;The longer the account is open the more impact it will have to increase your score. &nbsp;I'd only put the minimum required to open the account because it's not about having a high limit but truly how you manage the available funds. Mon, 19 Aug 2013 22:43:00 GMT http://www.zillow.com/advice-thread/I-want-to-purchase-a-home-but-my-credit-is-bad-please-advice/507606/ 2013-08-19T22:43:00Z