How to buy a house in texas with bad credit with different way
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For those over the 580 number, this is an item that can be checked off as a positive when the loan application is set for review. Feel good about this, as there are some qualifying hurdles when being approved for a home loan and you have gotten over a big one. Deer park, laporte, shore acres, tomball, baytown and pasadena.
500 credit score with 10% down.
Remember, an educated home buyer is a happy home buyer. A mortgage insurance premium (mip) is required along with an upfront mip fee of 1.75% of the loan amount. As a broad rule, credit agencies will tend to view credit utilization ratios above 0.5 with some degree of concern. 580 credit score with 3.5% down.
