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 Saving Money
Profile Image

Question By
krystleTorres86

0 Contributions
0 People Helped
want to buy a home in 12 months
im paying off all my debt and im going to save 600 a month for 1 year with a base savings of 2000 for a down payment or remodeling if possible. what type of of score credit will i need to achieve these goals?

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
3051 Contributions
2898 People Helped

From what I've heard here in TX, most lenders are looking for a 650 or above FICO score.  The score you get here is NOT a FICO score, but just a tool to help you monitor your credit health.  You can purchase your FICO score at www.myfico.com to see where you are right now.  Also, have a brief chat with your current financial institution about getting a mortgage (but don't apply yet, don't have them pull your credit).  If you want, go to www.annualcreditreport.com and download a complete copy of your credit report from one of the three bureaus (doesn't matter which one).  Take that report to your financial institution and ask them what you need to do within the next 12 months to get qualified for a mortgage.  Finally (I know I'm tossing a lot of websites at you) visit www.credit.about.com for great info on all things credit related.  Best of luck on achieving your dream home!

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.