How do I qualify to buy a home for the first time!
Did you know that having credit card activity is important. If you are a family that prefers to use cash for your transactions that’s great for budgeting, but it may not be great for buying a home with a mortgage. For those of you who want to qualify for the WCDA First Time Home Buyer program, you need to know and understand how the lending agencies determine a credit score. In simple terms it is how a consumer interacts with debt. A credit card, car payment or school loan payment history gives the bank an idea of how you will manage paying a mortgage loan payment.
It sounds like the magic number on your credit score is a 620. If you don’t have this level of credit score you need to take action steps to get there. Learn all about it from Cindy Bradley from Wallick & Volk in the video below. You can contact Cindy here. When you need a Cheyenne realtor give us a call at 307-635-0303 or visit us online HERE to connect with an agent, search all homes for sale in Laramie County, calculate a mortgage and learn about our community.
Ready to take action? Learn more by visiting –