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What kind of income requirements and credit score do I need to buy a house?

Asked by socialfly26 (212points) January 4th, 2021

I’m looking to work towards my goal of being a homeowner. Right now my income is only $836 a month which I know isn’t enough to sustain a house. My credit score is about a 500. My question is what can I do to achieve this goal? Also what would be an ideal down payment?

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