we have been saving to buy a house ...What score is considered a good enough score to get good rates when buying a house ..
Thanks
What should one%26#039;s credit score be to buy a house?
If you want the best rates you need to be 720+.
What should one%26#039;s credit score be to buy a house?
650+
What should one%26#039;s credit score be to buy a house?
650+
What should one%26#039;s credit score be to buy a house?
750 to 850 would give you an excellent rating and the lowest interest rate.
What should one%26#039;s credit score be to buy a house?
Is it a Bird House?
What should one%26#039;s credit score be to buy a house?
According to Wikki Answer to buy a car, you should have a 680 or better.
http://wiki.answers.com/Q/What_is_the_mi...
Your score will determine if if get a loan and what rate you may receive. Right now, people with stellar credit are having a hard time getting loans because of the high default risk.
http://homebuying.about.com/cs/yourcredi...
You may qualify for FHA 10% down with fico's between 500-579. If you have a minimum 580 fico score, you may qualify for FHA CHF Access half percent down payment program or 3.5% down up to conforming loan limits of 417k and a minimum 600 fico up to Jumbo loan limits of $729,750 for L.A. county. A minimum 620 fico is required to qualify for USDA Rural zero down program. Conventional financing requires a minimum 660 fico to qualify for 5% down and a minimum 700 fico for 3% down. If you have a fico under 660 and want conventional, you will be required 20% down but will have no mortgage insurance. You will need a minimum of 740 fico to qualify for Super Jumbo up to 2 million for CA only.
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