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
The #1 Thing Sellers Need To Know About Their Asking Price
Townhomes: A Smart Solution for Today’s First-Time Buyers
Here’s What a Recession Could Mean for the Housing Market
Paused Your Moving Plans? Here’s Why It Might Be Time To Hit Play Again
National Housing Trends To Watch
Buyers Have More Negotiation Power – Here’s How To Use It
Why Pre-Approval Is More Important Than Ever This Spring
The Best Week To List Your House Is Almost Here – Are You Ready?
4 Things To Expect from the Spring Housing Market
Your Roadmap to Homeownership
GET MORE INFORMATION
Nicole Smith
REALTOR® | Licensed in Alabama and Florida | Lic# AL #82151 / FL #SL3129219