What Homebuyers Need To Know About Credit Scores

What Homebuyers Need To Know About Credit Scores Simplifying The Market

a screenshot of a phone

Some Highlights

  • Data shows 7 out of 10 prospective homebuyers don’t know the minimum credit score required by lenders or that it varies by lender and loan type.
  • According to Experian, the range is anywhere from 500 to 700 for the minimum credit score. That means you don’t need perfect credit to buy a home. 
  • Your credit score is important – but that doesn’t mean it needs to be perfect. Work with a lender to learn more about home loan options that may work for you.

Want to know more?

Every real estate market is unique, with its own trends, challenges, and opportunities. Whether you’re buying, selling, or simply staying informed, understanding the nuances of your local market is crucial. 

If you’re curious about the latest developments, pricing trends, or simply want tailored advice for your real estate journey, we’re here to help.