What Homebuyers Need To Know About Credit Scores
Some Highlights
- Data shows 7 out of 10 prospective homebuyers don’t know the minimum credit score required by lenders or that it varies by lender and loan type.
- According to Experian, the range is anywhere from 500 to 700 for the minimum credit score. That means you don’t need perfect credit to buy a home.
- Your credit score is important – but that doesn’t mean it needs to be perfect. Work with a lender to learn more about home loan options that may work for you.
Categories
Recent Posts
What Experts Forecast for Mortgage Rates and Home Prices in 2027
Creative Financing Ideas for REO and Traditional Homes
The Home Insurance Move That Could Save You $440 a Year
Credit Scoring Is Changing: 3 Things Homebuyers Should Know
Don't Let the Fear of a Buyer Backing Out Scare You Away from Selling
Who’s Buying Homes with Cash Right Now?
Foreclosure Scam Alert: Know the Signs. Protect Your Home.
Why Builders May Be More Motivated To Sell Than Homeowners
Why More Buyers Are Turning To Adjustable-Rate Mortgages Today
To Sell or Rent? How To Choose the Best Path for Your House.
GET MORE INFORMATION
Karen Congilaro
Florence Manager & Agent License ID: 103103
Florence Manager & Agent License ID: 103103