Monday, November 17, 2014

Can I buy a house with bad credit?

Myself and my fiance have bad credit. Both of our scores are around 550 or so. We're currently trying to build our credit but it is taking a long time to do so. We really want to buy a home.

Our total monthly income is about $4,000. If we come up with a decent down-payment, is there still hope to get a housing loan?

Thank you so much.

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