See other questions in the Financial & Legal forum
"What is the Minimum Credit Score for a Mortgage?"
Replies
- #1
- Posted: Jun 15, 2012 11:41 AM
Flag for inappropriate language - creditreport
- Bozeman, MT
- View Profile
Generally, 640 is the minimum credit score required for mortgage. However, if your score lies somewhere between 500 - 600 then you have to pay high interests rates and make a down payment. Get a copy of your credit score at www.creditscore.com
- Posted: Jun 15, 2012 11:41 AM
Looking for a financial advisor?
Search our extensive database of over 3,500 advisors from both independent and large firms.
Enter your zipcode below
Or use this link to find a financial advisor or find a lawyer
Other questions Boomeraters are asking...
- "looking for advice on eos camera"
in Interests & Passions - "Grand Junction Colorado"
in Housing & Community - "40+ dating sites"
in Family & Relationships - "pet-friendly places in St Augustine, Florida?"
in Travel - "looking for registered nursing jobs and if my michigan license will be accepted"
in Housing & Community
A credit score alone is not the only information that a potential mortgage lender will look at to determine whether or not to process an application. History of outstanding debts and the fact of a person having steady and a long history of income are other major contributors. You can also look in http://www.clearcreekfinancial.com