Many of the reasons we’ve gone over for continuing to rent have revolved around philosophical or psychological reasons. But one of the most legitimate reasons people have for continuing to rent instead of owning a home, is that they have poor credit or low credit scores.
There are lenders who have mortgage products for people with lower credit scores. And if your credit score is too low, and you can’t qualify for a mortgage at this time, you can repair your credit and raise your score in a short period of time.
Or you could save some time and effort and simply reach out to one of the mortgage professionals I use every month, that I know and trust.
Who knows, maybe your credit score isn’t as bad as you even think! Perhaps you can already qualify for a mortgage! Only one way to find out…