Incase you missed it, Tuesday was #GetSmartAboutCreditDay and to buy a home your credit score needs to be in good standing. According to sources like Quicken Loans®, your credit score needs to be at least 620. Most lenders have this as their minimum requirement for a conventional loan.
Is your score lower than that? Do not worry. It is still possible to get a loan. In some cases 580 is absolutely acceptable and just depends on the type of mortgage you’re trying to obtain.
Any questions? Call us today! 850-279-6868 #GetSmartAboutCreditDay