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What Kind Of Credit Score To Buy A House. In a nutshell different types of mortgages have different requirements for the minimum credit score you need to qualify. What credit score is needed to buy a house?
from venturebeat.com
A 700 credit score is well within the “good credit score” category, according to fico. Minimum credit score to buy a house by loan type. A 10% down payment is required for borrowers with at least a 500 score.
Conventional loan | credit score: However, a credit score of at least 640 is recommended. 100 credit sesame members were asked to participate from each of the fico credit score rankings (excellent, very good, good, fair, poor, and bad). Credit sesame surveyed 600 americans on their fico credit scores and asked them about their experience in applying for mortgages.
