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Credit score range. Rating. Below 580. Poor. 580-669. Fair. 670-739. Good. 740-799. Very good. 800 or above. Excellent
Lenders typically want homebuyers to have a FICO Score of at least 620, but it may still be possible to get a mortgage if your score is 500 or higher.
FHA loan: Insured by the Federal Housing Administration, FHA loans allow you to buy a home with a minimum credit score of 580 and as little as 3.5 percent down, or a credit score as low as 500 ...
Lender. Credit requirements. Down payment minimum. Bankrate Score. Old National Bank. 620 for conventional loans, 640 for FHA loans, 680 for VA loans. Undisclosed
First-time buyers often face a number of obstacles to purchasing their home. With an average age of 35, according to the National Association of Realtors, first-time homebuyers are 23 years younger...
Check your credit report: All three major credit reporting bureaus — Experian, Equifax and TransUnion — will provide you with one free credit report per week. You can get these free reports at ...
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