How much credit do we need for a loan?

Asked by Jessica Chase Robison, Antioch, IL Fri Jul 5, 2013

we would like to get pre approved for a loan but his credit score is in the 620's and mine 560-580 I have been working on paying off my debt he has no real debt I only have one more bill to knock off . how much credit do we need to get a 70,000.00 mortgage

Help the community by answering this question:

+ web reference
Web reference:


Gary Geer, Agent, Antioch, IL
Mon Dec 2, 2013
Hi Jessica,
Did you find a good lender to work with? If not you may want to consider Credit Unions as another option. They have helped many of my clients who had similar issues.

All the best,
Gary Geer
Results Realty USA
Antioch, IL
0 votes
James Tiernan…, Agent, Grayslake, IL
Tue Oct 22, 2013
Did you get a good answer? How have things been going with improving your credit? There are several resources available to help you get where you need to be. Should you still need some help, just reach out to me and we can get started.
0 votes
Riccardo War…, Agent, Bolingbrook, IL
Wed Jul 10, 2013
i can get them done at a 580 score if you can prove rental history...otherwise 600

Riccardo Wardlow
Quality Mortgage Lending

*We do Conventional loans down to a 620 score
*We do FHA loans down to a 600 score
*We do USDA loans down to a 620 score (no money down)
*We do $100 down payment FHA program
*Unlimited Loan To Value refinances on Fannie/Freddie refinances (only on loans originated before May 31st 2009
*We do VA loans down to a 620 score
*We give free counseling on what needs to be done to improve your credit score.
*We do 203k loans down to a 620 score
*We do reverse mortgages
0 votes
Search Advice
Ask our community a question

Email me when…

Learn more