What Kind of Credit Do I Need?
“You’ve got to have squeaky clean credit to buy a house.” Hands up if you've heard this. Want to know the real talk?
The credit score you need really depends on the type of loan you're after. While a fixed-rate loan will require a score of at least 620, you may qualify for an FHA loan with a score as low as 500. And if you’re active-duty military, you'll be glad to know there’s no minimum credit score requirement at all for VA loans.
The takeaway ? Don’t throw in the towel on homeownership because you have a less-than-perfect credit score. We work with multiple lenders who have multiple loans -- one (or more) of which will likely suit your situation. Reach out and let's talk about the options.