Unable to load image

Dad added me as an authorized user to his credit card so I can get my credit score up to 750 so I can meet the criteria for very low income housing.

As very low income housing, the 30% AMI units where the city gives tax breaks to housing developers if they build units that rent to people that make under $22,000 annual income or 30% of the AMI require a 750 credit score and my credit score is only 724, then I have to get it up 26 points so I can qualify for very low income housing.

I have good credit a 100% payment history on my report and my credit is too bad for very low income housing units. I'm about to just get a mortgage and buy a house instead.

Now since I was denied for very low income housing based on credit for having good instead of excellent credit, I have to wait for 3 more years up a waitlist.

44
Jump in the discussion.

No email address required.

If you can't even rent, I doubt you could buy.

Jump in the discussion.

No email address required.

I am renting, I've made over 100% of my rent payments.

It's just landlords are too darn selective and I'm sure there are low interest loans that help people with disabilities buy a house. My credit score is high enough to qualify, and buy a house.

Not high enough to rent a very low income apartment.

Jump in the discussion.

No email address required.

You would need to talk with a mortgage broker about that. Even with subsidies, it can be hard to find a house in your price range that isn't a shithole.

Jump in the discussion.

No email address required.

Yeah, but probably easier to buy a house then wait up another 3 year waitlist and rent a very low income apartment.

Cheaper too even if it's a shithole the mortagage will be less than rent.

Jump in the discussion.

No email address required.

Yeah how dare those landlords be weary of renting to someone with no real income lmao

Jump in the discussion.

No email address required.

Link copied to clipboard
Action successful!
Error, please refresh the page and try again.