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What was your credit score when you bought your home?

Approximately how high does it need to be to be approved for a loan?

Answer Question
 
Anonymous

Asked by Anonymous at 5:40 PM on Jan. 15, 2009 in Home & Garden

Answers (5)
  • Ours was around 750. I would say that it would need to be around 700 and have a stable job.
    JeremysMom

    Answer by JeremysMom at 5:41 PM on Jan. 15, 2009

  • usually it has to be at least a 600 for a good loan, mine was 710 and i had no problems with are loan
    Anonymous

    Answer by Anonymous at 5:42 PM on Jan. 15, 2009

  • i work at a bank and they ask that you have at least a 600
    Anonymous

    Answer by Anonymous at 5:42 PM on Jan. 15, 2009

  • Depends on a lot of things...if there are compensating factors, loan to value, and type of loan.
    mamakirs

    Answer by mamakirs at 6:26 PM on Jan. 15, 2009

  • I don't remember exactly but the higher your score the better chance you have of getting a lower interest rate. Which can save you tons annually. And over the life of the loan.
    SylviaNCali

    Answer by SylviaNCali at 1:15 AM on Jan. 16, 2009

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