What Credit Score Is Needed To Buy A House?

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We’ll cover the minimum credit score for a mortgage and how you can improve your credit score if needed.

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Why Does a Credit Score Matter So Much?

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Credit Score Breakdown

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Here’s how credit scores are generally classified: – Exceptional: 800-850 – Very good: 740-799 – Good: 670-739 – Fair: 580-669 – Very poor: 300-579

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1. Check for errors on your credit report

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3. Establish credit

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5. Don’t close paid-off credit cards

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Swipe up for more interesting finds!

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What Credit Score Is Needed To Buy A House?

We’ll cover the minimum credit score for a mortgage and how you can improve your credit score if needed.

Why Does a Credit Score Matter So Much?

Lenders look at a credit score to help determine whether a potential borrower is trustworthy.

Credit Score Breakdown

Here’s how credit scores are generally classified: – Exceptional: 800-850 – Very good: 740-799 – Good: 670-739 – Fair: 580-669 – Very poor: 300-579

A Look at the Numbers

1. Check for errors on your credit report

How to Bump Up a Credit Score

How to Bump Up a Credit Score

2. Pay all of your bills on time

3. Establish credit

How to Bump Up a Credit Score

How to Bump Up a Credit Score

4. Request to increase the credit limit on one or all of your credit cards

5. Don’t close paid-off credit cards

How to Bump Up a Credit Score

How to Bump Up a Credit Score

6. Consider obtaining a personal loan

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