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Some lenders will look at your "non-traditional" credit, such as consistent rent and utility payments, rather than just your score. 🛠️ Immediate Steps to Take buying a house for the first time with bad credit
A bigger upfront investment reduces the lender's risk. AI responses may include mistakes
💡 Even if you qualify with a low score, you will likely pay a higher interest rate. If you can wait 6–12 months to build your score into the mid-600s, you could save tens of thousands of dollars over the life of the loan. buying a house for the first time with bad credit
Don't open new credit cards or take out an auto loan while preparing to buy.