10/30/2025
💳 Understanding Your Credit Score Before Buying a Home
Your credit score plays a huge role in your ability to buy a home and even more importantly, in the interest rate you’ll receive. 🏡
Here’s what it really means:
✅ 740 and above: Excellent credit — you’ll qualify for the best mortgage rates and programs.
✅ 700–739: Good credit — solid standing, often just a small difference in your monthly payment.
✅ 620–699: Fair credit — you may qualify for conventional or FHA loans but could pay a bit more in interest.
✅ Below 620: There’s still hope! With guidance, secured credit cards, and on-time payments, you can rebuild your score over time.
💡 Pro Tip: Lenders look at your credit history just as much as your score. That means avoiding late payments, keeping your balances below 30% of your credit limit, and not opening too many new accounts before applying.
At Keystone Brokerage & Associates, we work with trusted local lenders who can help you:
• Review your current credit report
• Identify easy steps to boost your score
• Create a plan to qualify for your dream home sooner than you think
💚💙 We believe in helping you prepare, not just purchase.
Message us today if you’d like a list of our recommended lenders who can help you get homebuyer-ready!
Call 📞 919-985-3767
