Jimmy Lindsey

If your credit is not great, it is a good idea to save up a larger down payment before applying for a mortgage. It is common practice to have between three to five percent; however, but you should aim for around twenty if you want to increase your chances of being approved.

Many sellers just want to make a quick sale and they can help. Of course, this will mean you must make two house payments every month; however, but it will get you in the home.

Don't do anything to lower your credit score prior to the loan closing. The lender is probably going to look at your score right before closing. They can still take the loan back if you have since accumulated additional debt.