ASK JEFF

Do I need perfect credit to buy a home?

A straight answer to a real question.

You do not need perfect credit for every mortgage program. Eligibility and pricing depend on the loan type and your complete financial profile, including income, debts, assets, down payment, occupancy, and property.

Do not assume you must wait without reviewing the file. A targeted change may help, but closing accounts or moving balances without a plan can also cause problems.