Homeownership Is Possible with
Imperfect Credit

Myth #1: “You need perfect credit to buy a home.”

Fact: FHA loans allow credit scores as low as 580, and VA loans do not require a specific minimum score. With the right loan program, you may qualify much sooner than you expect.

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Myth #2: “Collections or late payments automatically disqualify me.”

Fact: Lenders consider more than your credit score. They look at income stability, debt-to-income ratio, and how you’ve managed credit recently. A few old marks on your report don’t automatically stop you from qualifying.

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Myth #3: “You must have 20 percent down to buy.”

Fact: Many Virginia loan programs offer low or no-down payment options. FHA financing requires only 3.5 percent down, and Virginia Housing provides grants that can cover your entire down payment.

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Myth #4: “Lenders won’t approve me with a score under 620.”

Fact: Some lenders specialize in helping buyers rebuild through homeownership. Working with an experienced agent who has strong lender connections can open doors you didn’t know were available.

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Myth #5: “It’s smarter to wait and rent until my credit improves.”

Fact: Waiting can cost more in the long run. Rent prices continue to rise while homeownership helps you build equity and stability. Many buyers begin improving their credit simply by making on-time mortgage payments.

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You Don’t Need Perfect Credit— You Need the Right Strategy

The path to homeownership is not a one-size-fits-all approach. I work closely with local lenders who assist buyers throughout Hampton Roads, including Virginia Beach, Norfolk, Chesapeake, and Suffolk. Together, we’ll find the right program for your current situation and help you move toward homeownership with confidence.

Start your journey today with expert guidance and proven local resources.

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Driven by results. Grounded in trust. Rooted in friendship.
Serenity McCoy
📲 757) 800-8587
💌 serenity@soldbyserenity.com
🖥️ www.soldbyserenity.com