Buying a home in the spring 2011 home buying season with lousy credit scores is going to be difficult, even for the often touted lenient government loan programs like FHA loans, USDA loans and VA loans. If your plan is to become a homeowner in 2011 - not a bad thing to consider since mortgage rates are very low and home prices are the best they have been in the past 8-10 in many parts of the country - then you may want to take the steps to ensure that your credit scores are ready to go. If … [Read more...]