2006-11-26 13:21:27 · 9 answers · asked by gDancel 1 in Business & Finance ➔ Renting & Real Estate
Yes - Thats about what mine was when I bought my house.
Look into first time homeowner or similar programs through your state, that will help you get a better interest rate with an average credit score.
2006-11-26 13:30:02 · answer #1 · answered by mand 5 · 0⤊ 0⤋
Anything above 650 is pretty good I believe. My boyfriend and I just bought a house and our scores were in the mid 700's. Your mortgage company should be able to tell you if 677 is good enough to go through them.
2006-11-26 13:31:27 · answer #2 · answered by Cortney H 1 · 0⤊ 0⤋
Yes, it would be even better if you could raise it about 30 points. But yes 677 is good.
2014-12-17 07:59:16 · answer #3 · answered by Monnie 1 · 0⤊ 0⤋
The credit score is in the good range, but credit score is not the only thing lenders will look at. They will look at your total debt versus your current income. They will look at your income to determine what type of loan you can qualify for. Normally, lenders will require at least 10% down on your home.
2006-11-26 13:31:40 · answer #4 · answered by goaq 1 · 1⤊ 0⤋
The mortgage broker I spoke with needed at least a 500 before she could even do anything so I would have to say yes it is good enough
2006-11-26 13:30:18 · answer #5 · answered by martin1170_2 2 · 0⤊ 0⤋
My score is 800. Your score is good but you might want to raise your score before buying because your interest rate falls the higher your score. That could save you thousands of dollars and lower your house payment each month.
2006-11-26 13:52:59 · answer #6 · answered by marymichigan 2 · 0⤊ 2⤋
Depends on the lender's requirements, but the lower your score, the more you generally pay in interest. It can get pretty steep.
2006-11-26 13:30:54 · answer #7 · answered by Anonymous · 0⤊ 0⤋
Yes especially for FHA and depending on the size of loan
2006-11-26 13:33:51 · answer #8 · answered by petersenmarilyn@sbcglobal.net 1 · 0⤊ 0⤋
its okay. not the best..but good.
2006-11-26 13:28:22 · answer #9 · answered by blah 3 · 0⤊ 1⤋