improve score rating - credit » Renting & Real Estate http://improvescorerating.com learn how to improve your credit score Wed, 16 May 2012 00:14:55 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 How wise would it be to try to buy a home when I possess bad credit? http://improvescorerating.com/renting-real-estate/how-wise-would-it-be-to-try-to-buy-a-home-when-i-possess-bad-credit/ http://improvescorerating.com/renting-real-estate/how-wise-would-it-be-to-try-to-buy-a-home-when-i-possess-bad-credit/#comments Sun, 14 Nov 2010 05:35:59 +0000 http://improvescorerating.com/renting-real-estate/how-wise-would-it-be-to-try-to-buy-a-home-when-i-possess-bad-credit/
Emmu asked:


My fiance and I want to buy a home but our credit is not good. His is better (in the high 600) and mine is in the low 600. Would it be better to wait until our credit improves to buy a home(this might take years) or to try and buy a home now and face higher rates?

Jonathan
]]> http://improvescorerating.com/renting-real-estate/how-wise-would-it-be-to-try-to-buy-a-home-when-i-possess-bad-credit/feed/ 3 What are the pros and cons to a FHA home mortgage loan? http://improvescorerating.com/renting-real-estate/what-are-the-pros-and-cons-to-a-fha-home-mortgage-loan/ http://improvescorerating.com/renting-real-estate/what-are-the-pros-and-cons-to-a-fha-home-mortgage-loan/#comments Mon, 06 Jul 2009 00:45:57 +0000 http://improvescorerating.com/renting-real-estate/what-are-the-pros-and-cons-to-a-fha-home-mortgage-loan/
cornfed asked:


I have terrible credit but have been pre-approved for FHA at 6% interest fixed for 30 years.
I’m wondering if this is the way to go or if there are better ways to buy a home.
I’m a single mom, live in Iowa,have very little for down payment, good rent and work history, and signs that I’ve been working to improve my credit rating.

Timothy
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