What Homebuyers Need To Know About Credit Scores
Some Highlights
- Data shows 7 out of 10 prospective homebuyers don’t know the minimum credit score required by lenders or that it varies by lender and loan type.
- According to Experian, the range is anywhere from 500 to 700 for the minimum credit score. That means you don’t need perfect credit to buy a home.
- Your credit score is important – but that doesn’t mean it needs to be perfect. Work with a lender to learn more about home loan options that may work for you.
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Whether you're trying to buy your dream home or selling your current one, LPT Realty's number one priority is to help find you the best deal possible while providing exceptional customer service. LPT Realty agents are armed with best in class technology and marketing tools to help you make informed decisions about buying or selling your home, and are there for you every step of the way.