Me n my b/f r renting a house. we want to buy one, but we both have bad credit scores.how can i change that?

is there anyway to get a mortgage with a bad credit score? if so how?my job is not the greatest either, but im tired of paying rentMe n my b/f r renting a house. we want to buy one, but we both have bad credit scores.how can i change that?
Unfortunately, there's no way to change your bad credit score in an instant. There's no fast cure fix. Don't buy into that gimmick showing on tv, online that company's can fix your bad credit. They are scams and out for your money. The best thing you can do to get a good credit score is make sure you have a job to pay your debt on time



The mortgage industry, the banks and lenders change their requirements in approving mortgage loans.

1. You have to have a 20% downpayment

2. Good credit history and a score of 700+ or more

3. Income of $72,000 a year.

4. They check your debt to income ratio



Maybe you should save money as much as you can, pay your debts on time, keep your job and have other part time jobs. Once you have money to put down 20% of the selling price of the house. By that time you have improved credit score and money to use as downpayment, who knows you might be able to buy the house in cash just keep on saving and paying bills ontime, you will be fine.



Hope this helpsMe n my b/f r renting a house. we want to buy one, but we both have bad credit scores.how can i change that?
The fastest way to establish credit or get your credit some what back to a better standing is to get a ';Gas Card'; and pay it off every month, If you do this and pay the full amount every month after a few months your credit score will start to go up.



I would rent longer rather then buying cause if for some reason your boyfriend and you don't work out you can kiss your credit goodbye forever!
call a credit councler, they can help u pay down your debt