Archive for the ‘Real Estate’ Category

What’s the Minimum Credit Score For a Home Mortgage That Texas Allows?

Tim Gorman asked: The time is long gone when you could get a home mortgage with no down payment and bad credit. At one time you could get a house mortgage even if you couldn’t provide any documented proof of sufficient income. Times have changed and for many, the lender’s money has tightened in many [...]

Can You Get A Home Loan To Buy A House If You Have A Low Credit Score?

Tim Gorman asked: Income, assets, and debt to income ratio are important to lenders and to you when you are wanting a home loan to buy a house if you have a low credit score. So even with a recent foreclosure, a high level of cash assets could qualify you for a decent rate. Income [...]