In general, lenders consider a range of factors when evaluating a home loan application, including the borrower's credit score, income, debt-to-income ratio, and other financial history. A good credit score is often seen as a positive indicator of creditworthiness, and may help you qualify for a better interest rate on a mortgage.
That being said, it is possible to buy a house with less than perfect credit, although it may be more challenging. You may be required to make a larger down payment, or you may need to pay a higher interest rate on your mortgage. Some lenders may also require you to have a co-signer with good credit to help secure a loan. It's a good idea to review your credit history and work to improve your credit score before applying for a mortgage, if possible. This can involve paying off debts, making payments on time, and reducing your overall debt load.
Here are five tips for visitors to Houston, Texas:
Dress for the weather: Houston has a humid subtropical climate, with hot, humid summers and mild winters. It's a good idea to bring lightweight, breathable clothing for the summer months, and a light jacket or sweater for the winter.
Plan your transportation: Houston is a large city with a lot of traffic, so it's a good idea to plan your transportation in advance. Options include renting a car, using public transportation, or using ride-sharing services like Uber or Lyft.
Check out the local food scene: Houston is known for its diverse and delicious food scene, with a wide range of cuisines to choose from. Be sure to try some of the city's famous Tex-Mex and barbecue, and check out some of the local food trucks and farmers markets.
Explore the outdoors: Houston is home to a number of parks and green spaces, including Buffalo Bayou Park, Hermann Park, and the Houston Arboretum and Nature Center. Take some time to explore the city's natural beauty and enjoy the outdoors.
Check out the local arts and culture: Houston is home to a vibrant arts scene, with a number of museums, galleries, and cultural institutions to visit. Some highlights include the Museum of Fine Arts, Houston, the Menil Collection, and the Space Center Houston.