Readiness Quiz

Q1: Are you a first time homebuyer?

Yes

No

Q2: Does your household consist of 2-6 members?

Yes

No

Q3: Does your annual household income comform to the chart below?

Yes

No

Q4: Is your FICO (credit) score, based on information from all three reporting agencies, 620 or higher?

Yes

No

Q5: Do you have a 1% cash downpayment of $2,500?

Yes

No

Q6: Do you have any accounts in collection, charge-offs or public records?

Yes

No

Q7: Have you filed for bankruptcy within the last three years?

Yes

No

Q8: Are you (and all adult members of the household 16 or older) willing to perform at least 200 hours of "sweat equity"?

Yes

No

Q9: Are you willing and able to establish a savings plan with contributions of at least $200 per month?

Yes

No