How does my credit affect mortgage eligibility?

Lenders consider credit history and scores when reviewing eligibility and pricing. They also evaluate income, existing debt, assets, down payment and the property. There is no single minimum score that applies to every mortgage program or every lender.

Fundsitive LLC can help you understand which available programs may fit your circumstances, but we cannot override a lender’s credit decision or guarantee approval. Ask about the type of credit inquiry before authorizing it, review reports for errors and avoid taking on new debt during the process without discussing its possible effect with your mortgage professional.