Posted on: 29th May, 2013 01:25 am
We are looking forward to purchase a house. My father makes around $80k a year. My mom has been working as a part time for the past 2 years and will start full time work soon. Both of them have a credit score in the range of 700-720. The house that we are looking has been in the market for around 220 days. Can we get a loan and also lower price on that property?
Hi Richard!
Welcome to the forums!
Apart from the credit score and income, there are various other factors which your parents need to meet. Once they meet all the required criteria, the chances of getting a loan will increase.
Feel free to ask if you've further queries.
Sussane
Welcome to the forums!
Apart from the credit score and income, there are various other factors which your parents need to meet. Once they meet all the required criteria, the chances of getting a loan will increase.
Feel free to ask if you've further queries.
Sussane