What Credit Score Is Good for a Home Loan?

Posted January 27th, 2012.

This is a great question to ask. Most people ask, instead, what is acceptable for a mortgage. While it’s understandable that they just want to know what they can get by with, what you really want to know is what credit score will put you in a good situation. When you have a higher credit score, you will get offered a lower interest rate. On something like a mortgage this can save you a ton of money, and mean that you can pay off your mortgage years sooner. To be in a great place, you want to be in the credit score range of about seven hundred and thirty. Every lender should be happy to see you with this score, and you should be offered the best interest rates.