Minimum credit score: 660, but can vary depending on the loan purpose and amount. Maximum debt-to-income ratio: 50%. Minimum credit history: 3 years. Income sources accepted: Employment, retirement, rental income, alimony, child support, Social Security payments and disability benefits. ...
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If you're looking to boost your credit score from average to excellent to increase your approval odds for a home loan, an unsecured credit card could work for you. Credit cards for average credit may also have rewards and other benefits for you to take advantage of. If you're new to ...
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To apply for a FHA mortgage loan, you need a steady employment history. Bear in mind that you can apply for this loan only if you want to buy a residential property for yourself. It can’t be used to purchase property you intend to rent. ...
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Related >> How I got a USDA loan to buy my first homeVA construction loans are available to veterans who plan to build and reside in a new home. They come in two varieties: one-time close loans (or construction-to-permanent loans) and two-time close loans, which split the loan into...