Buyer19

2 Contributions 5 People Helped

Member Since: May 2016

Most Helpful Contribution

What does my credit score need to be to purchase a home?

Apr 17, 2017
Helpful to 4 out of 9 people

Yes this is correct, but they will not tell you that most Mortage Companies use a Vintage 2, 4, or 5 to qualify you.  Most of the time on Karma Credit this is what it is showing you.  It is usally a low score not compared because the Mortage comany is not using the model most likely to be used to buy a home.  So you can think your score is hight due to seeing a FICA score of  675 becasue it is using a Vintage model 7, 8, or 9.  This is only for car loans and misc items.  But again all and most mortage companies use a vintage model 2, 4, 5.  So you real score to buy a house is not shown to u until they run a credit check which usally takes points from you because they ran your credit. And you was not ready due to the vintage model used which is not for buying a home..  It is a game they play.

Activity (2 Total Contributions)

What does my credit score need to be to purchase a home?

Apr 17, 2017
Helpful to 4 out of 9 people

Yes this is correct, but they will not tell you that most Mortage Companies use a Vintage 2, 4, or 5 to qualify you.  Most of the time on Karma Credit this is what it is showing you.  It is usally a low score not compared because the Mortage comany is not using the model most likely to be used to buy a home.  So you can think your score is hight due to seeing a FICA score of  675 becasue it is using a Vintage model 7, 8, or 9.  This is only for car loans and misc items.  But again all and most mortage companies use a vintage model 2, 4, 5.  So you real score to buy a house is not shown to u until they run a credit check which usally takes points from you because they ran your credit. And you was not ready due to the vintage model used which is not for buying a home..  It is a game they play.

What does my credit score need to be to purchase a home?

Apr 17, 2017
The difference between Vintages
Helpful to 1 out of 4 people

Yes this is correct, but they will not tell you that most Mortage Companies use a Vintage 2, 4, or 5 to qualify you.  Most of the time on Karma Credit this is what it is showing you.  It is usally a low score not compared because the Mortage comany is not using the model most likely to be used to buy a home.  So you can think your score is hight due to seeing a FICA score of  675 becasue it is using a Vintage model 7, 8, or 9.  This is only for car loans and misc items.  But again all and most mortage companies use a vintage model 2, 4, 5.  So you real score to buy a house is not shown to u until they run a credit check which usally takes points from you because they ran your credit. And you was not ready due to the vintage model used which is not for buying a home..  It is a game they play.