Sep
15
2009
What Credit Score Is Needed To Get Home Loan?
Posted by: Alan in Credit Score, tags: Credit, Home, Loan, Needed, Score, What
I have 680 credit score and I also would pay at least 20% down payment for $150,000 worth of loan if it is approved. I have also one year history of car loan which was paid in time. Please suggest me,would l be eligible to get home loan with low interest rate? Or I have to pay more down payment? Or wait 4-5 months and more so my credit score will be atleast 720 and more ?
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September 15th, 2009 at 7:00 pm
20% down payment is excellent, but 680 credit score could be a problem – you’d have better chances if you can get it up to 720.
September 15th, 2009 at 10:30 pm
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September 16th, 2009 at 11:53 am
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September 16th, 2009 at 12:09 pm
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