The other concerns are also as he mentioned, getting a home mortgage depends on much more
than just a great credit score, you also need good
ratios on your front end (ALL housing expenses incl taxes, ins, etc) and back end
ratios (ALL debt expenses, housing, credit cards,
car, etc) so a good income is required, as well as a down payment of some sort (some programs go as low as 3.5 %, others still want 20 %) Assets can also figure in to this as well, but that's getting away from the bit I know about
current lending standards and I don't want to start going off the wrong path here!