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Lenders typically want homebuyers to have a FICO Score of at least 620, but it may still be possible to get a mortgage if your score is 500 or higher.
You can get a mortgage with a credit score as low as 620, 580 or even 500, depending on the type of loan. Some mortgage lenders offer bad credit loans with more flexible qualifying requirements ...
3. Use a home equity loan or HELOC. If you own a home with 15 to 20 percent equity, you can tap that equity with a home equity loan or a home equity line of credit (HELOC). You typically need a ...
Earnest money is a "good faith" deposit the homebuyer provides with an offer, to show the seller an intent to follow through on a home purchase. The funds are typically held in an escrow account ...
FHA loan: Insured by the Federal Housing Administration, FHA loans allow you to buy a home with a minimum credit score of 580 and as little as 3.5 percent down, or a credit score as low as 500 ...
People with bad credit may be able to qualify for certain types of bad credit loans. ... Home & Garden.
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