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5 Step Plan to Buying A House With A 620 FICO Without Breaking The Bank
Manage episode 365946256 series 3393079
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5 Steps to Buying A House with 620 FICO
Without Breaking The Bank
Must have a minimum 620 FICO
Must be employed and currently working at your job for at least 2 years
Participate in a Employer Retirement Plan 401k, 403b, Safe Harbor 401k.
Have at least 3/mo to 6/mo reserves $6,561 -$13,122 saved in the bank.
DTI less than 43%
If you meet all the requirements above you may be eligible to qualify for DPA and buying a home without breaking the bank.
Down Payment Assistance Programs
$23,601 -$100,000 Forgivable Loan
https://www.mkgenterprisescorp.com/first-time-homebuyer-dpa-program-/
Disclaimer
All products are subject to credit and property approval. Program terms and conditions are subject to change without prior notice. Not all products are available in all states or for all amounts. Other restrictions and limitations apply. The following content is for informational purposes only and not meant for legal, tax or professional accounting advice.
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