What is a Good Credit Score in the U.S.

Credit scores and home buying go together like carrots and peas. (Sorry, Mr. Gump)

When you apply for a mortgage loan, your credit score is one of the first things the lender will look at to help determine your qualifications for a loan. Credit scores range from 300 to 850, and higher is obviously better. The higher your credit score, the easier time you'll have qualifying for a home loan ... not to mention the benefit of paying a lower interest rate on the loan.

But what is a good credit score in the U.S.? What's average, below average, above average, etc.? Where do you fall on the scale and how will affect your chances of buying a home?

These are the questions we have answered in a new article in the credit section of the website.

Read the article here:
What is a Good Credit Score in the U.S.?