The 1 Thing You Need to Know About (Credit Scores) for Home Loans

Credit scores matter more than you think! Find out why they're so important when it comes to getting a mortgage or even renting an apartment.

Why Do Credit Scores Matter

When considering the best credit score to buy a house, many lenders use the FICO model. It grades consumers on a 300-to-850-point range, with a higher score indicating less risk to the lender. FICO scores range as follows:

800 or higher: Exceptional
740-799: Very good
670-739: Good
580-669: Fair
579 or lower: Poor

I hope you found this information beneficial. I'm Keith Bailey Realtor. Century 21 AllPoints Realty Destin Florida.

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Keith Bailey Realtor
850-830-6771
Century 21 AllPoints Realty