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
Can I Use a VA Loan to Buy a Home in Richmond, VA?
Best Breweries Near Midlothian
Best Coffee Shops in Midlothian, VA
Midlothian Farmers Market Guide
PCSing to Richmond, VA: What Should Military Families Know Before Moving?
Guide to Swift Creek Reservoir
Best Golf Courses Near Midlothian
Best Parks in Midlothian
How Do Property Taxes Work in Richmond, VA?
Can I Buy a Home With Less Than 20% Down in Richmond, VA?