Hello,
how difficult a time am I going to have being able to buy a first home? My wife and I both have extremely poor credit. We have the $$ for downpayment (10% - 20%)... but from the looks of it banks aren't going to be inclined to look favorably on us.
Any thoughts?
Thanks,
FYI:
I recently checked my credit scores and this is what came up...
Transunion: 503
Equifax: 459
Experian: 574
I have noticed numerous errors in all 3 reports but didn't think it was worth my time to fix... I'm beginning to think I was wrong