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Do You Need Good Credit to Buy a House? – NerdWallet – A good credit score is a big step toward buying a house. But a good income, low debt levels and a long history of paying bills on time can help, too. Owning a home is part of the traditional American dream, but some believe it’s a dream meant only for people with good credit or a significant income.
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The Real Deal: Am I Ready to Buy a House? | Apartment Therapy – Buying a home can just as easily wreak financial havoc on your life. Millions of families lost their homes to foreclosure during the Great Recession. You need cash and credit: Buying a home is expensive, and typically reserved for those with better than average credit. While you can qualify for.
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First-Time Home Buying Guide: Everything You Need To Know – Buy a home because you’re settling down and need a place for live for at least five years. To pay for your first home, you’ll need good credit, a steady job, and a sizable chunk of cash for a down payment . Navigating the waters of home financing isn’t always easy, but these articles can help guide you.