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

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

   Loan Type. Minimum Credit Score. Conventional loans. 620. FHA loans. 500 (with 10% down payment); 580 (with 3.5% down payment) USDA loans. The USDA has no minimum limit, but lenders generally like ...

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. 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 ...

5. 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).

6. 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 ...

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

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

   That puts the average credit score for mortgage holders 40 points above the national average. For hopeful homeowners, the rise in credit scores presents a unique opportunity to potentially buy in ...

8. Mortgage - Wikipedia

   en.wikipedia.org/wiki/Mortgage

   A mortgage loan or simply mortgage (/ ˈ m ɔːr ɡ ɪ dʒ /), in civil law jurisdictions known also as a hypothec loan, is a loan used either by purchasers of real property to raise funds to buy real estate, or by existing property owners to raise funds for any purpose while putting a lien on the property being mortgaged.

9. First-time homebuyer guide - AOL

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

   First-time homebuyer programs offer mortgages with low down payment requirements and other favorable terms or assistance. Buying a new house involves many steps, from securing a mortgage to ...