If you're looking to buy a Gulf Shores home you probably already know that your credit score is important. But if you have a low credit score, you do still have options. First, you should figure out what lenders expect of your credit score, since you might be surprised to find that you can indeed […]
Credit Score Below 500? No FHA Home Loan
Credit Score Below 500? No FHA Home Loan The door that was once wide open to homeownership closed a bit recently when a key government agency announced a proposal to no longer allow mortgages for borrowers with credit scores below 500. The Department of Housing and Urban Development (HUD) said that it intends to require […]