Can I buy a home with 765 Experian credit score?
Robbie Asked: Can I buy a home with 765 Experian credit score?
My annual income is $ 58,000 and have had this job for over 20 months. I will consider my job stable and I am confident I can land a similarly paying job within 6 months even if I lose my current job. Previous income was less than $ 30,000 per year. No any installment loans, car payments, mortgages. I have a bunch of credit cards which I pay off monthly. Experian score is 765. Do you think I can buy a $300,000 to $ 350,000 home/townhome with this income and credit score? My available cash balance is $35,000 after separately saving $10,000 for incidental expenses. Or do you think I can afford a more expensive home?
If needed, I can add my spouse as cosigner, who makes around $25,000 a year and has similar credit score.
I am in two minds if I should buy a home when the prices are down. All your answers are greatly appreciated.
Incoming search terms:
- 765 credit score
- credit score 765
Categories: Loan Questions Tags: Answered Unless, Good Luck, Robbie Asked