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630 credit score

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mccollu3

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Post Posted: Thu Sep 17, 2009 7:50 am    Post subject: 630 credit score
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HELLO!! I'm 22 years old, I have no credit card debt and I am thinking of purchasing a home! I have about $800 worth of negativity on my report and I also have student loans but I'm still in college. I am thinking of buying a townhome for about 210K!
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Post Posted: Thu Sep 17, 2009 8:18 am    Post subject:
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A 630 credit score is good enough for qualifying purposes credit wise. Do you have the income and assets to support this? FHA loans will require a 2 year work history for qualifying. I hope this helps...
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Post Posted: Thu Sep 17, 2009 10:55 am    Post subject:
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color me skeptical, due to the ongoing enrollment in college. you'd be wise to pay off your $800 as soon as you can, mccollu3. as james noted, you'll need job stability just to begin talking to a serious lender.
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Post Posted: Sun Sep 20, 2009 4:11 pm    Post subject:
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If you have somethign bad on yoru credit report suggest you to clear it first and get stable job for two years and then look to buy a house

Or it is impossible to get a loan
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