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Thursday, August 10, 2017

Buying Nashua NH Homes: How to Be Financially Ready



Buying one of the Nashua NH homes for sale is considered a major turning point, since it’s more of an investment rather than a luxury. You will have to take lots of factors into consideration to make an informed and wise decision, especially if you have a limited budget to work with. There are several factors that can affect your financial capacity to buy a new home, and your credit score is one of them. This is what will allow you to secure a mortgage and prepare yourself financially.

Lenders usually favor a FICO score of 720, but a rating of above 580 may still be enough for an FHA (Federal Housing Association) loan. If you’re worried that your credit score would hinder you from buying that house of your dreams, rest assured there are ways to improve and prepare it for lenders to seriously consider your application. Read more from this blog. http://bit.ly/2wzyhf5

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