0
fine. So it is really difficult to simply quote a baseline score, as it will not be applicable from lender to lender or borrower to borrower.
However, with credit scores of 653, 676 and 697, you have a good chanc what credit score you need to buy a home. http://www.squidoo.com/whatcreditscoredoyouneedtobuyahouse
What else can I help you with?
Can you get a house with a 570 credit score?
no
Does your credit score decrease when you purchase a house?
Purchasing a house can temporarily lower your credit score due to the new debt and credit inquiries, but responsible mortgage payments can improve your score over time.
Does in-house financing impact your credit score?
Yes, in-house financing can impact your credit score. When you use in-house financing to make a purchase, the lender may report your payment history to the credit bureaus, which can affect your credit score positively or negatively depending on how you manage the payments.
What does your credit score have to be to purchase a house?
if you can afford it.
How do I start to get credit to build a credit score?
To get credit to build a credit score, you must take a loan out on something such as a car or a house and then make payments. The more you are on time, the better your score will be.
Can you get a house with a 570 credit score?
no
Does your credit score decrease when you purchase a house?
Purchasing a house can temporarily lower your credit score due to the new debt and credit inquiries, but responsible mortgage payments can improve your score over time.
Does in-house financing impact your credit score?
Yes, in-house financing can impact your credit score. When you use in-house financing to make a purchase, the lender may report your payment history to the credit bureaus, which can affect your credit score positively or negatively depending on how you manage the payments.
What does your credit score have to be to purchase a house?
if you can afford it.
How do I start to get credit to build a credit score?
To get credit to build a credit score, you must take a loan out on something such as a car or a house and then make payments. The more you are on time, the better your score will be.
What does a credit score do for people?
A credit score is looked at to see if you can obtain a loan or get financed for a house, car, etc. It is important to try and keep your credit score as high as possible.
How does financial aid affect your credit score?
Im applying for financial aid for my house payment. will it effect my credit score
What kind of credit score do you have to have to buy a house?
mortgages
How does surrendering your house in chapter 7 affect your credit report?
If you are surrendering your house anyways, it is usually better for your credit score if you do it through bankruptcy. If your house is foreclosed on before you file bankruptcy, then your credit score is hit by both the foreclosure and the bankruptcy. If you let your house go back through bankruptcy, instead, then your credit score is only hit by a bankruptcy.
When it comes to credit what is good?
A good credit score is anything between 700 and 749. It is very important to have a good credit score when wanting to buy a house.
Does your credit score go up if you sell a house?
yes
How does 522 credit score rank?
522 is a very low credit score. It is probably very difficult if not impossible to obtain any credit with a score that low. The national average is 687. You will need to improve your credit score if you plan on ever having a house, car, credit cards, etc....
