I’m not sure of the exact score, but my daugher’s (She is 26.) credit is good. She was in the process of trying to purchase her first home and was pre-approved for $100,000. Once into the process, she was denied because she had too much debt (student loans, car lease, credit card). She has a fulltime teaching job, still lives at home, and has no utilities or rent. She only has the car lease, student loans, and credit card to pay.
What other options might she have in purchasing her own home?
If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free.What Should My Daughter Do to be Able to Buy Her First House? - Carol by Steve Rhode