Not all loan programs will accept alternative documentation on your credit. There are both government and conventional programs that will accept this type of payment history to establish credit qualifications. Therefore a good credit history is important, but a perfect credit history is not. First Time Home Buyers can also attend seminars that will go though the home purchasing process and requirements with you. Cambridgeport Bank can review your credit and determine what, if any, steps are needed to be taken to qualify for a loan.
Closing costs can vary signifigantly between lenders.