How To Qualify To Buy Your First Home
You may have credit card balances to pay off or a few missed student loan payments from a couple years ago.
How to qualify to buy your first home. To qualify as a first time buyer you must not have had ownership in a home in the past three years. Who is considered a first time homebuyer. Department of housing and urban development hud is someone who meets any of the following conditions. Everyone has three credit scores one from each credit bureau. A first time homebuyer according to the u s.
There is no one size fits all home loan for first time buyers. Which loan is best for first time homebuyers. Before buying your first home you need to make sure your credit is up to par. Your credit score is one of the most important factors in determining if you qualify to buy a house.