Frequently Asked Questions
What does my credit score have to be to rent?
For PMI Southern States there is not a threshold credit score you must meet. They do require that you are in credit repair if you are planning on being I one of their rental properties.
What does my credit score have to be to purchase?
Rule of thumb is a minimum of a 620-credit score across all three credit bureaus. There are loan products that may go lower but it is lender specific.
What is the cost for credit repair?
If you are renting through PMI Southern States it is including in the monthly rental fee. However, you are responsible for keep the credit monitoring through Identity IQ which is $19.99.
If I do not qualify to rent through PMI Southern States, what are my options?
You will be sent to The Pyramid Group with KW Metro Spartanburg, and they will assist with other rental sources.
Do I have to use The Pyramid Group with KW Metro Spartanburg?
Since you are going the program structured to go from renter to homeowner, we highly advise that you use The Pyramid Group with KW Metro Spartanburg because they can be more engaged through the whole process.