I have very little or no credit. How can the Home Ownership Program help me get better credit as well as a home loan in order to buy a home?

Depending on your credit and credit scores (or if you have no credit scores), you may be able to qualify for a home loan immediately. Still, some conditions will apply.

Also, the Home Ownership Program will help you establish a solid game plan to establish and manage new credit accounts. Ideally, each applicant should have a certain number of established accounts to qualify for a home loan. In some cases, applicants may need qualifying accounts that could be added to the credit report to establish higher credit scores.

Also, having the right financials in place is important too. Your Home Sweet Home Adviser will help you address other issues beyond credit.