Home Buying And Your Credit

Home Buying And Your Credit

One of the biggest misconceptions about purchasing a home, is that home buyers believe they need to get their credit at least above a 700 to get a decent mortgage. I know, I was one of those people. While having a higher credit score gives you more options for lenders, ultimately, most mortgage lenders have to stay in competition with others to continue to receive business. This is good news for you! Buying a home is a big step in most people's lives, we want to make certain that everything is perfect and in place before taking such a big leap. Did you know you could potentially purchase a home with a credit score as low as 580? There are hundreds of lenders willing to work with clients to get them the best rates. Finding an agent who knows your options, has a wide network of lenders, and someone you can trust, are all important points to keep in mind when looking for your home.

Don't be afraid to unlock your home buying potential. We at Exit Realty Champions, are here to assist you!


Paula Rodriguez Headshot
Author:
Phone: 407-724-3318
Dated: October 24th 2018
Views: 162
About Paula: Born in California, raised in Florida and fluent in English and Spanish. I have watched as Davenport...

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EXIT Realty Champions
7830 Lake Wilson Road
Davenport, FL
863-292-6217
321-445-5568