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Do You Need Good Credit To Buy A House. Can you buy a house with. If you’re thinking of buying a home, you’ll need a credit rating that’s good enough to secure a mortgage.
from venturebeat.com
Some would say good credit is anything above a 700, or even a 720, but with a 680+ score, a borrower should expect to be awarded with a better interest rate. So, in order to buy property, you'll likely need a loan. If you can keep your financial habits healthy, live within a reasonable budget, and make your credit card payments on time, you’ll be in a good position to show you are financially responsible and a good risk for a mortgage.
The minimum credit score that you'll need to buy a house varies by lender and loan type. In other words, it pays to do a little work to get your score in shape before applying for a mortgage. In fact, depending on the type of loan you pursue, your credit score can be in the 500 range. What credit score do you need to buy a house?
