Should I buy a house nowadays, even if my credit is 2 years old new.? ?

Question

my credit is almost new: 2 years old. fico score of 700 i'd say. What would be the probabilities to get approved, ( I will apply by myself) and i make like 53,000 a year?

Answer 1

This is a buyers' market and you will find the best price if you are patient and work with a real estate professional that can show you properties that are bank-owned.  There are many of them available now! There are programs for first-time buyers and banks want to lend you money if you meet their guidelines for credit history, downpayment, and debt to income. Work with a reputable mortgage broker or talk with the banks directly to find out what programs they have available.