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The average credit score need to purchase a home is 620.

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15y ago

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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.


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.


Should you close all credit cards since that FICO score is not needed to buy a house?

I am a mortgage broker. You need a FICO score to buy a home. If you have no credit, keep open at least one credit card so you can build some tradelines.


What is the average interest rate for a home equity line of credit?

Interest rates for home equity lines of credit are typically in the 3.5-5% range. Of course, this depends on a number of factors, including one's credit score.


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.


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.


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.


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


Can you get a home equity line of credit with a credit score of 653?

Yes. A home equity line of credit is based more upon the equity on your home, not so much upon your credit score. Plus, 653 ain't so bad.


Your credit score is now 530 Can you get a home loan?

No