USDA Loan Minimum Credit Score & Credit Requirements 2025
You don't need perfect credit for a USDA loan. Here's how low your credit can be and still be considered for approval.
October 7, 2024 7 MIN
You don't need perfect credit for a USDA loan. Here's how low your credit can be and still be considered for approval.
Disputing items on your credit report can derail your mortgage approval, even if the account is inaccurate. What to do instead.
With some hard work, your credit score can skyrocket 100 points or more. Here's what it might take.
Many first-time buyers hesitate to get pre-approved because it could hurt their credit. But now it's possible to get pre-approved without a hard credit inquiry.
You need a 620 score for a conventional loan, unless you have no score at all. Then, you have options.
Conventional loans are not off limits for those with less-than-perfect credit. Plus, a new rule chance could mean you're eligible.
Lenders now have the time to spend on a loan file that needs a little more TLC, since they're no longer flooded with 800-FICO-score, 20%-down loans.
Every homebuyer is hoping to get approved for a mortgage at the current, historically low rates, but experts warn that only people who have high credit scores are likely to receive them.
The average U.S. FICO score rose to a record high in 2020 amid the worst pandemic in more than a century, according to Experian data.
Credit card interest rates are trending over 21%, versus a 9% average for HELOCs. Does it make sense to use home equity to consolidate credit cards?
Refinancing is easier than buying a home, but can still be a challenge with a low credit score. Best programs and strategies for poor credit refinancing.
According to the New York Federal Reserve, 3.8% of mortgage dollar volume was lent to borrowers with credit scores below 620 in the third quarter of 2023. How to set yourself up for the best chances of approval.
The equity in your home could help you tame credit card rates now commonly as high as 30%.
