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2. What is a good credit score to buy a house? - AOL

   www.aol.com/finance/credit-score-needed-buy...

   Credit score needed to buy a house, by mortgage type There’s no single, specific credit score that will automatically qualify you for a mortgage (though having the maximum score of 850 certainly ...

3. Guide to first-time homebuyer loans and programs - AOL

   www.aol.com/finance/guide-first-time-homebuyer...

   FHA loan: Insured by the Federal Housing Administration, FHA loans allow you to buy a home with a minimum credit score of 580 and as little as 3.5 percent down, or a credit score as low as 500 ...

4. Types of first-time home buyer programs - AOL

   www.aol.com/grants-low-interest-loans-state...

   One of the most common programs is the Mortgage Credit Certificate, which allows you to claim a portion of your mortgage interest as a tax credit. ... A good real estate agent who works with first ...

5. Mortgage underwriting in the United States - Wikipedia

   en.wikipedia.org/wiki/Mortgage_underwriting_in...

   Credit is what the underwriter uses to review how well a borrower manages his or her current and prior debts. Usually documented by a credit report from each of the three credit bureaus, Equifax, Transunion and Experian, the credit report provides information such as credit scores, the borrower's current and past information about credit cards, loans, collections, repossession and foreclosures ...

6. The Average Credit Scores for 5 Types of Mortgage Loans - AOL

   www.aol.com/finance/average-credit-scores-5...

   The average credit score of someone with a VA loan is 692, and the average loan amount was $285,000. USDA Loan Borrowers looking to buy a home in some rural areas may qualify for loans issued ...

7. Mortgage Credit Certificate - Wikipedia

   en.wikipedia.org/wiki/Mortgage_Credit_Certificate

   The MCC program is designed to help first-time homebuyers offset a portion of their mortgage interest on a new mortgage as a way to help homebuyers qualify for a loan. Because it is a tax credit and not a tax deduction, mortgage lenders will often use the estimated amount of the credit on a monthly basis as additional income to help the ...

8. Does mortgage prequalification affect your credit score? - AOL

   www.aol.com/finance/does-mortgage...

   Have a good credit mix: Mortgage lenders want to see you can balance revolving credit lines (credit cards) while also making timely payments on installment accounts (car, student, personal loans).

9. How to buy a house with low income - AOL

   www.aol.com/finance/buy-house-low-income...

   A mortgage credit certificate (MCC) is a federal tax credit that can help low- and moderate-income or first-time buyers offset some of the money they owe in mortgage interest. Unlike a tax ...