Do I Need Perfect Credit to Buy a Home?

The short answer is no. You don’t have to have perfect credit to buy a home, but you do need good credit. In May, the average FICO score for a conventional mortgage loan was 757. The average FICO score for an FHA loan was 688, so there is some flexibility there. Need a little help boosting your score before you buy a home? Check out “7 Tips for Improving Your Credit Score.”

Do I need perfect credit to buy a home?

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

About Marti Reeder

I am a full-time, full-service REALTOR® for John L. Scott, Kent-Covington, Washington. Serving primarily the South Puget Sound, my goal is to provide my clients with first class service and to make the home buying or home selling process as simple as possible.

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