Should I get a 650 credit score?

A 650 credit score can be a solid platform for getting the house you need. It can help you qualify for a mortgage, but it'll likely be one that carries a fairly steep interest rate. It's also a score you can build on to help you get a more affordable loan, today or in the future, when you refinance or buy a new home.

Can you get a home loan with a 650 credit score?

Yes, if you have a stable job and income, you should be able to get a home loan with a 650 credit score. Alison Kimberly is a freelance content writer with a Sustainable MBA, uniquely qualified to help individuals and businesses achieve the triple bottom line of environmental, social, and financial profitability.

Can a 650 credit score be used for a conventional loan?

You can qualify for a conventional loan with a credit score of 620 or higher, so a 650 credit score will be enough if you meet the lender's other criteria. How much financing you can get will depend on your income, debt, debt-to-income ratio and other factors like the down payment amount.