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Do I Need Perfect Credit to Buy a Home?

July 20, 2015  /  Credit  /  Marti Reeder

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?

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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