What Qualifies You To Buy A House Now

Money for the down payment (3% to 20%) and closing costs (2% to 5%). 📊 Credit Health

This includes your future mortgage, car loans, and student debt. ✅ Pre-Approval Status what qualifies you to buy a house

A score of 620 is usually the minimum for conventional loans. Money for the down payment (3% to 20%)

This proves to sellers that you are a serious, capable buyer. capable buyer. No recent bankruptcies

No recent bankruptcies, foreclosures, or major late payments. ⚖️ Debt-to-Income (DTI) Ratio