So Cal Homes
What Credit Score Do I Need To Purchase a Home?
That depends on many factors includeing which lender you use and what type of laon you intend to use to purchase a home.
On average Most Lenders can get you a loan with a 640 score.
Some may go down to 580 center score tri merged done by a Lender.
Credit Scores may vary depending on who pulls them and from where.
Many run their own credit for xyzfreebsreport.com and think they may have a 750 score only to find they have a 680. Of course a month went by and the potential home buyer made the fatal mistake of buying a car first. The home buyer was unable to buy the home they wanted because they bought a car instead and it was not the credit score that killed them it was the DTI or Debt to Income ratio. Instead of guessing and second guessing, go to a lender with 2 years tax returns, Dirvers License, Social Security Card, 2 months bank statements, 2 months pay check stubs form your employer, and let them run your credit and give you real results and suggestions.