: Your ability to repay, based on income and employment history.
To buy a house, a is generally the minimum threshold for standard conventional loans. However, the "good enough" score depends heavily on the type of mortgage you choose and the interest rate you want to secure. Minimum Credit Scores by Loan Type good enough credit score to buy a house
: Most lenders, such as Chase Bank , strictly require at least 620 . What is a "Good" Score for Buying? : Your ability to repay, based on income
If you are just a few points shy of a better rate tier, consider these steps: : Your ability to repay
: Even one 30-day late payment can drop your score by 60 to 110 points .