What kind of credit score do I need to buy a home? Most loan programs require a…
What kind of credit score do I need to buy a home? Most loan programs require a FICO score of 620 or better. Buyers with higher credit scores represent less risk to the lender, often resulting in a lower the down payment requirement and better interest rate. A buyer with a lower credit score may need a higher down payment and/or accept a higher interest rate to offset the lender’s risk. #UREChicago #RealEstate #Broker #Realtor #CreditRepair #CreditRepairman #Homes
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