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The best mortgage rates go to borrowers with good to excellent credit — typically a FICO credit score of at least 670 — though even with fair credit, you may be able to find a mortgage ...
And your credit score, interest rate, and down payment can affect whether you can afford a $400,000 house or a mortgage of a different amount. ... (assuming a 7% fixed interest rate). Based on the ...
The best mortgage rates go to borrowers with good to excellent credit — typically a FICO credit score of at least 670 — though even with fair credit, you may be able to find a mortgage ...
While mortgage interest rates fluctuate week to week and vary based on your lender and personal circumstances, ... You may qualify for an FHA loan with a credit score as low as 500 or 580 ...
Loan Type. Minimum Credit Score. Conventional loans. 620. FHA loans. 500 (with 10% down payment); 580 (with 3.5% down payment) USDA loans. The USDA has no minimum limit, but lenders generally like ...
Learn more: Current conventional mortgage rates. FHA loans. Insured by the Federal Housing Administration (FHA), an FHA loan requires only 3.5 percent down with a credit score as low as 580. (If ...
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