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Minimum Requirements For Buying A House. You can have a credit score as low as 500 up to 579 with a 10% down payment. Banking information, including types of accounts and the assets in those accounts;
First, the minimum credit score depends on the type of mortgage you’re getting. Sellers are liable for all latent defects in their property for three years after the defects have been discovered. They’ll also consider your credit score and how much you have for a down payment.
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The offer to purchase should include a requirement for a home inspection. In reality, the minimum down payment for a house can be much lower. Lenders consider much more than just your paycheck when you buy a home. And information about your living.