What was your credit score when you recieved a home loan?

I have a credit score of 618. Is this enough for me to apply for a home loan?

What was your credit score when you recieved a home loan?
Mine was 680 and I got approved with no problems. You will probably get a loan, though it won't necessarily be as good of an interest rate if you had had like 800 plus instead.
Reply:620 is the absolute minimum for a prime buyer rate. Even one point less, and you are in the "sub-prime" pool.





Be aware it's the middle score of the one pulled from three agencies. So if one is 640, the other is 620, and one is 580 - they don't average, they don't take the high or low - they take literally the middle score. So it's important to get all three agencies onto the same page - identical reports.





There is a way to bump your score the month before you go for a loan - the easiest - if you have credit cards and are carrying balances - pay them to zero. Of course you must be able to maintain this through closing, and then you can ratchet them up again.
Reply:Mine is 820 - and I am doing a loan right now.


Doesn't hurt to apply - they will let you know if its enough or not - I went through wells fargo - the no closing cost deal!
Reply:yes you can get 100 percent financing at a favorable rate. I would try to get it up to at least 640 to get an even better rate and you qualify for a construction loan with a 620 or better on your mid score. Make sure you check all three bureaus because they pull your middle score.
Reply:trying to get a house to


credit not good having a hard time


you could look for land contract


be sure to look around at different places


good luck hope you get a house