I have had some credit problems in the past. Will these stop me from buying a home?
They could. That is the good news because that means it isn't definitive. The loan approval can depend on many factors including how severe the problems were, why they existed and for how long. Those are factored into your current qualifications, which include your capacity to make the projected payments, the value of the collateral, and the loan amount against it, plus other factors.
Because lenders are in the business to lend, there are many programs available to assist home buyers, and different approval criteria can apply to each. Some loan programs even allow a person paying under a Chapter 13 bankruptcy plan to use that payment history to help obtain a new loan.
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They could. That is the good news because that means it isn't definitive. The loan approval can depend on many factors including how severe the problems were, why they existed and for how long. Those are factored into your current qualifications, which include your capacity to make the projected payments, the value of the 