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A score above 640 opens doors to better interest rates, which lowers your monthly payment.
Depending on interest rates, this typically supports a loan in the $50,000–$80,000 range. 🔑 4 Paths to Homeownership on a Small Budget 1. Look for USDA Loans can i buy a house making 20000 a year
Lenders look at your Debt-to-Income (DTI) ratio. If you have a car payment or student loans, your buying power drops significantly. A score above 640 opens doors to better