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Can someone get a pre-approved home loan with a credit score of 687?
Wiki User
∙ 13y ago
In most cases yes...FHA, VA (if you qualify) and conventional loans should have no problem with that credit score...
Wiki User
∙ 13y ago
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What should my credit score be before trying to purchase a home?
When you are getting a home they like to see your credit score 620 and above to get preapproved for a loan. But in order to get better rates for loans they usually want to see your score in the range of seven hundred. They may be more forgiving if this is your first home purchase.
How can someone with bad credit purchase a home?
Buying a home with bad credit can be difficult but not impossible. First check your credit score then try to have your card limits raised which will help the credit score. Then talk to a loan officer to see which debts are best to eliminate before applying for credit.
What is the average credit score needed for a home loan?
The average credit score need to purchase a home is 620.
Where can someone find a place for a mortgage if they have a bad credit score?
The best place for someone to get a mortgage with bad credit is from a government program. These programs include Home Affordable Refinance Program and Home Affordable Modification Program.
Can you get a home depot project loan with a credit score of 620?
It is possible to get a Home Depot project loan with a credit score of 620. Home Depot will pull a credit report to determine eligibility of a credit loan.
What should my credit score be before trying to purchase a home?
When you are getting a home they like to see your credit score 620 and above to get preapproved for a loan. But in order to get better rates for loans they usually want to see your score in the range of seven hundred. They may be more forgiving if this is your first home purchase.
How can someone with bad credit purchase a home?
Buying a home with bad credit can be difficult but not impossible. First check your credit score then try to have your card limits raised which will help the credit score. Then talk to a loan officer to see which debts are best to eliminate before applying for credit.
What is the average credit score needed for a home loan?
The average credit score need to purchase a home is 620.
Is 650 a bad credit score?
The credit score 650 is really not that bad. With a 650 credit score you can finance a home or car.
Where can someone find a place for a mortgage if they have a bad credit score?
The best place for someone to get a mortgage with bad credit is from a government program. These programs include Home Affordable Refinance Program and Home Affordable Modification Program.
Can you get a home depot project loan with a credit score of 620?
It is possible to get a Home Depot project loan with a credit score of 620. Home Depot will pull a credit report to determine eligibility of a credit loan.
What should my credit score be to get a home loan?
The higher the credit score you have, the better chance of being approved for a home loan. You may still get a home loan on a lower score, but the payments and interest will be higher.
If you have a credit score of 604 can you buy a home with this score?
Each mortgage company or bank will have their own requirements. In addition to a credit score, there are other factors such as income. A credit score of 604 may be high enough to get a home with a high interest rate.
Is credit score 606 good?
A credit score of 606 is considered a good credit score. 680 and above is considered an excellent credit score. A good credit store is important if you need to acquire financing for a car, home, or business.
Can I get credit from Home Depot?
Yes home depot does have a credit card for its company but it does depend on your credit score and your credit history on if you can get the credit card
Can you get a Home Depot credit card with a credit score of 660?
yes
Does home depot give out credit?
Yes home depot does have a credit card. But it does depend how your credit score and your credit history on if you can actuallly get a home depot credit card
