what does your credit score need to be to buy a home?

(0) | asked by: Jamie Scott | share | 11 months ago | Report
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Steve Hourigan
answer by Steve   |   Visit My Website   |   Contact Me
Depends on lender and loan type. Call a local lender in your town.
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2 months ago  |   Report   |   share
answer by Karen Mathes   |   Visit My Website   |   Contact Me
The quick and magic number is 620, but if you're score is lower don't let it stop you from talking to preferably a local, reputable lender who can give you specific steps to take to raise your score and help position you to enter the home buying market. Please contact me if you'd like the name of one or more fantastic local lenders.
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answer by Jennifer Hill   |   Visit My Website   |   Contact Me
believe it or not it can be as low as 580, but any score below 640 you are going to have many can't haves on your report.
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11 months ago  |   Report   |   share
If your score is over 640 you will qualify for most any loan program. FHA says that it can take scores as low as 580 but typically borrowers that have that score have other underlying problems that prevent them from obtaining a mortgage. Definitely call a mortgage loan originator we can help.
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answer by Anthony Clark   |   Visit My Website   |   Contact Me
The easy answer is 620, but there are a number of variables in obtaining a mortgage. You should find a reputable loan officer and have a conversation about your specific circumstances. If you need a referral just let me know!
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