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
Construction robots are tackling America’s housing shortage, but we’re a long way from humanoid homebuilders
Trump demands 1% or lower interest rate after first Fed hike since 2023
Mortgage credit scores are evolving. What homebuyers need to know
The Best Time To Buy a Home in 2026 Is Almost Here
Selling This Fall? You Haven't Missed Your Window
Data Centers Are Moving Closer to Homes. What Does That Mean for You?
Annual Monthly Gains in Median Price Continue in Rhode Island's Housing Market
Here’s where rental demand is heading and what it means for future home sales
How one of the largest investors in student housing is playing this school year
The Housing Market Split in 2. Which Side Is Your House On?