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
Why Selling Your House This Winter Gives You an Edge
This May Be the Best Time To Buy a Brand-New Home
Why More Homeowners Are Giving Up Their Low Mortgage Rate
The 3 Housing Market Questions Coming Up at Every Gathering This Season
How To Find the Best Deal Possible on a Home Right Now
Why So Many People Are Thankful They Bought a Home This Year
Why Buying a Home Still Pays Off in the Long Run
4 Reasons Your House Is High on Every Buyer’s Wish List This Season
Most Experts Are Not Worried About a Recession
The Top 2 Things Homeowners Need To Know Before Selling
Tommy Arnold
Owner & Principal Broker | License ID: 271981
+1(502) 442-1133 | tommy@aspirelouisville.com