Let’s keep it short and sweet. 640 Credit Score or higher Not a necessity because there are mortgage options for people with as low as a 585 but there are grants to help with down payment that are only available if you have a 640. Also, your interest rate lowers as your credit score increases and most people with at least a 640 tend to get a good interest rate.
What do I need to buy my first house?
What do I need to buy my first house?
What do I need to buy my first house?
Let’s keep it short and sweet. 640 Credit Score or higher Not a necessity because there are mortgage options for people with as low as a 585 but there are grants to help with down payment that are only available if you have a 640. Also, your interest rate lowers as your credit score increases and most people with at least a 640 tend to get a good interest rate.