DaveT315
Intuit Alumni

Home loans

Lenders don't care how much debt you already have.  They are concerned about your ability to repay a loan.  People with low credit ascores can still get a loan to purchase a house.  There are FHA loans specifically designed to do this with a minimum down payment.  Your ability to get one of these loans depends upon your ability to repay the loan and to service all your other recurring obligations at the same time.