All I Have is 1 Student Loan on my Credit Report, Can I Buy a Home?
What if, for one reason or another, you have very limited credit such as just one loan reporting paid on-time?
Believe it or not! It is possible for a 1st Time Buyer to purchase a home with only one loan reporting on credit AND we actually just closed a No Money Down purchase like this! Imagine, you could be relaxing in your own back yard oasis!
Whether you have very limited credit because you are recently graduated from college, new on a job, unsure of what type of credit to establish, or just flat out don’t like debt, it is still possible to get a home loan with low to no money down. One thing to remember is that if you have very limited credit, it needs to be good…