I have a 30 year mortgage on a house with a 6.5% interest rate. I bought it for $75,000. I am in a LCOL area in NYS. My family has outgrown the layout. I don't want a bigger or more expensive house. I would like a different house for a similar price. I bought this house 7 years ago without a realtor. My credit was good at the time. I don't know what my score was then but I got into some credit card trouble. I'm back on track and will have the debt paid off In one year. My credit score is 650 but improving every month.
Can I even get a mortgage with that score?
Can I use any profit from selling my house as a down payment? I've made some updates.
Does getting pre-approved for a mortgage affect your credit score?
Can I have my house appraised now to see how much it's worth? Who does that?
Thanks
Re: House buying questions