Credit Advice

Have a question? Have advice to share? The combined knowledge and experience of everyone in the Credit Karma community can help you. Enter your question or help others below to get started!

Question

Posted in Credit Karma
Profile Image

Question By
cumberland51

0 Contributions
0 People Helped
i need help in getting my credit score back up am planing to be a first time buyer next year

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW
All Responses

Result 1-1 of 1Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next
Top Contributor
740 Contributions
796 People Helped
Most Helpful Response

Helpful to 1 out of 1 people

On average it takes 6 months to start seeing drastic improvements....well given the limited infor you provided all I can tell you is rule of thumb you can afford 3x your yearly income in house ie:40k income 120k house....the key here is to buy less house then you can afford ie: 40k income go for 100k house get better rates that way....2nd if you can come up with 20% down not just the minimum 3% that will get you a better mortgage rate...3rd mortgage rates  are still at historic lows 3.5% is CHEAP....4th to go FHA you only need a 620 credit score and without knowing your file perhaps you should pull all 3 from annualcreditreport.com and DISPUTE any negatives you see on there can be done once every 366 days free

Result 1-1 of 1Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW

Reply to this Question

Write your response:
Enter Your Comments

The Credit Advice pages of the Site may contain messages submitted by users over whom Credit Karma has no control. Credit Karma cannot guarantee the accuracy, integrity or quality of any such messages. Some users may post messages that are misleading, untrue or offensive. You must bear all risk associated with your use of the Credit Advice pages and should not rely on messages in making (or refraining from making) any specific financial or other decisions.