Dispelling Credit Score Myths

Dated: 11/21/2019

Views: 28

It's a widely held belief that in order to obtain a conventional mortgage your credit score has to be over 700, but that is not the case. 

While a higher credit score can help you get you more favorable terms, lenders perceive borrowers with a higher score as less of a lending risk, there are lenders out there that will work with you if your credit score is as low as 580.  Watch the video below to learn more. 


Blog author image

Rob Biedermann

I've always loved real estate: the architectural aspect, researching the market, touring the properties and taking the right chance at the right time. You could say that smart investing is kinda my t....

Latest Blog Posts

Dispelling Credit Score Myths

It's a widely held belief that in order to obtain a conventional mortgage your credit score has to be over 700, but that is not the case. While a higher credit score can help you get you more

Read More

St. Louis - St. Charles area Dec. home sales stats

The median sales price of residential single-family homes in the St. Louis area was consistently up again in December, likely fueled by a decrease in new listings and drop in single family

Read More