Piece Full 55
Piece Full 55
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what credit score is need to purchase a piece of property that is $55,000.00?
I'm a 19 year old male and my credit score is currently around 690+ I have 2 credit cards open "nothing else is open in my credit profile". I have paid all my payments on time, or in full! I'm currently going to college to get my A.A degree. By the time I finish I will have $15,000.00 In the bank with nothing else open under my credit other then the two credit cards...
Do you think I will be able to take out a loan for $55,000.00 for property by the time i'm 22? and what credit score and down payment should I aim for through that period of time?
Ps. I plan to be making around $3,100.00 by the time i'm 22...
Thanks
Greg
That's not a bad credit score at all for someone your age. Good job! Keep working on it, and it will continue to rise.
That, along with a good job and steady income at 22, and you shouldn't have any trouble getting the loan.


US $319.00















































