Im thinking about getting a home soon, what score should I be aiming for on my credit?

Asked by Tom.miller484, Houston, TX Mon Mar 20, 2017

I've had a lot of negative marks on my credit due to collections and I'm trying to work on my credit right now. Found a good company, and my score has recently gone from 595 to about 678... what score would be good for me to aim for if I'm looking to buy a new home?

I'm a first time home buyer and I can only put down about 5% based on the area that I'm looking to buy in.

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Alysse Musgr…, Agent, Coppell, TX
Tue Mar 21, 2017
A 640 or higher will do it. Are you buying in Houston? Contact HelpUBuy America for Exclusive Buyer Representation at no cost to you. EBAs represent homebuyers only so there is no conflict of interest to jeopardize your negotiating position. Follow the link below.

Buying a Home? Don't Let Them Make a Monkey Out of You! Follow the link below.

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Gregg Pomeroy, Mortgage Broker Or Lender, Branford, CT
Mon Mar 20, 2017
Hello, I'm a mortgage professional.

Based on the scores you listed you would qualify for a mortgage that only requires 3.5% down payment. You can even roll closing costs into the loan.

I can explain more.

If you have any other questions or would like help with this you are welcome to get in touch with me.
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