{"id":6278,"date":"2020-08-25T12:00:00","date_gmt":"2020-08-25T19:00:00","guid":{"rendered":"https:\/\/blog.neighbor.com\/storage-blog\/?p=6278"},"modified":"2024-01-29T17:34:58","modified_gmt":"2024-01-30T00:34:58","slug":"what-is-a-good-credit-score-to-buy-a-house","status":"publish","type":"post","link":"https:\/\/www.neighbor.com\/storage-blog\/what-is-a-good-credit-score-to-buy-a-house\/","title":{"rendered":"What Is a Good Credit Score to Buy a House?: A Comprehensive Guide"},"content":{"rendered":"\n

A good credit score is the cornerstone of the home buying process. For everyone from first-time homebuyers<\/a> to real estate investors, credit history plays a huge role. Determining the perfect score comes with many nuances. To understand them, you need to dive a little deeper into the subject. What is a good credit score to buy a house? Let’s find out.<\/p>\n

How Your Credit Score Affects Your Mortgage Loan<\/h2>\n

A good credit score isn’t just the key to getting approved for a home mortgage. It can save you thousands of dollars over the loan term because it affects the interest rate.<\/p>\n

FICO scores<\/a>, the most commonly used type of credit score, usually range between 300 and 850. The majority of lenders views your credit score according to these credit score ranges:<\/p>\n