Relationship between Credit Score and the Home Purchase

Whether you are just buying your first home or are a seasoned investor looking to purchase your 20th investment, your credit score is crucial. This plays an important role in helping you to qualify for the amount of money that you want and need. By keeping up with your credit score, and understanding how it will tie into your investment, you can be sure to benefit from the points that you have.

Before you get involved in a loan, you will want to check your credit score in order to make sure that you will have the ability to get the loan you want. There are three major companies that rate your credit score, giving you points for good credit and how your history has related to the credit that you have. The companies that you can get your credit score from are Equifax, Experian, and Transunion.

Credit scores will affect the loan you get because it helps you to be pre-approved for a loan. Lender companies will be more willing to work with you if you have a higher score. They will also have the ability to give you a higher amount of money. This usually means that you are responsible with keeping up with your payments, have a good history, and how you have handled things such as overdue payments. For some, this is the only way that loans will be approved. For others, other factors will be considered, such as financial stability, your income and job status. Before even beginning the process of finding real estate, you should make sure that these are in the right place.

Understanding the various elements of your credit score can help you to save money, time and to get approved for the loan that you want. Simply adding it all together will be the place that you want to start in order to build your credibility.

See the (intended to be) funny info-graph below where it shows how the credit score and buying a home are matched together in a somewhat complicated relationship (especially for lows credit scores). 

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674 Properties Found. Showing 1-12
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1377 N Platte Court
Poinciana, FL 34759
1377 N Platte Court Poinciana, FL 34759
 
$162,990 ( $5,000 )
Subdivision: Poinciana Nbrhd 06 Village 07
BEDS
4
BATHS
2
SQ.FT.
1,400
BUILT
2019
ON SITE
177Days
MLS
O5748593
Under construction.NEW single-story home with 2-car garage! Inside is a spacious kitchen which looks out to the living room. The owner's suite features a private bathroom and walk in closet....
101 Pansy Lane
Poinciana, FL 34759
101 Pansy Lane Poinciana, FL 34759
 
$164,990 ( $5,000 )
Subdivision: Poinciana Nbrhd 02 Village 08
BEDS
4
BATHS
2
SQ.FT.
1,400
BUILT
2019
ON SITE
79Days
MLS
O5767664
Under Construction. Completion date is May 2019. 1402-A NEW single-story home with 2-car garage! Inside is a spacious kitchen which looks out to the living room. The owner's suite features a private...
153 Flatfish Court
Poinciana, FL 34759
153 Flatfish Court Poinciana, FL 34759
 
$164,990 ( $5,000 )
Subdivision: Poinciana Nbrhd 04 Village 07
BEDS
4
BATHS
2
SQ.FT.
1,400
BUILT
2019
ON SITE
79Days
MLS
O5767672
Under Construction. Completion date is June 2019. 1402-A NEW single-story home with 2-car garage! Inside is a spacious kitchen which looks out to the living room. The owner's suite features a private...
305 Grouper Drive
Poinciana, FL 34759
305 Grouper Drive Poinciana, FL 34759
 
$164,990 ( $5,000 )
Subdivision: Poinciana Nbrhd 02 Village 8
BEDS
4
BATHS
2
SQ.FT.
1,400
BUILT
2019
ON SITE
44Days
MLS
O5775686
Under Construction. Completion date is 9/2019. 1402-A NEW single-story home with 2-car garage! Inside is a spacious kitchen which looks out to the living room. The owner's suite features a private...
541 Peace Drive
Poinciana, FL 34759
541 Peace Drive Poinciana, FL 34759
 
$169,990 ( $2,000 )
Subdivision: Poinciana Nbrhd 05 Village 7
BEDS
4
BATHS
2
SQ.FT.
1,400
BUILT
2019
ON SITE
44Days
MLS
O5775689
Under Construction. Completion date is 9/2019. 1402-B NEW single-story home with 2-car garage! Inside is a spacious kitchen which looks out to the living room. The owner's suite features a private...
1371 N Platte Court
Poinciana, FL 34759
1371 N Platte Court Poinciana, FL 34759
 
$169,990 ( $2,000 )
Subdivision: Poinciana Nbrhd 06 Village 7
BEDS
4
BATHS
2
SQ.FT.
1,400
BUILT
2019
ON SITE
28Days
MLS
O5779448
Under Construction. Completion date is 10/2019. 1402-B NEW single-story home with 2-car garage! Inside is a spacious kitchen which looks out to the living room. The owner's suite features a private...
225 Begonia Place
Poinciana, FL 34759
225 Begonia Place Poinciana, FL 34759
 
$171,990 ( $2,000 )
Subdivision: Poinciana Nbrhd 02 Village 8
BEDS
4
BATHS
2
SQ.FT.
1,400
BUILT
2019
ON SITE
104Days
MLS
O5761498
Under Construction. Completion date is June 2019. 1402-A NEW single-story home with 2-car garage! Inside is a spacious kitchen which looks out to the living room. The owner's suite features a private...
16 Orchid Court
Poinciana, FL 34759
16 Orchid Court Poinciana, FL 34759
 
$171,990 ( $2,000 )
Subdivision: Poinciana Nbrhd 02 Village 8
BEDS
4
BATHS
2
SQ.FT.
1,400
BUILT
2019
ON SITE
104Days
MLS
O5762353
Under Construction. Under construction. Completion date is June 2019. 1402-A NEW single-story home with 2-car garage! Inside is a spacious kitchen which looks out to the living room. The owner's...
1 Redwood Court
Poinciana, FL 34759
1 Redwood Court Poinciana, FL 34759
 
$171,990 ( $2,000 )
Subdivision: Poinciana Nbrhd 02 Village 8
BEDS
4
BATHS
2
SQ.FT.
1,400
BUILT
2019
ON SITE
104Days
MLS
O5762357
Under Construction. Completion date is June 2019. 1402-A NEW single-story home with 2-car garage! Inside is a spacious kitchen which looks out to the living room. The owner's suite features a private...
324 Daffodil Lane
Poinciana, FL 34759
324 Daffodil Lane Poinciana, FL 34759
 
$171,990 ( $2,000 )
Subdivision: Poinciana Nbrhd 02 Village 8
BEDS
4
BATHS
2
SQ.FT.
1,400
BUILT
2019
ON SITE
48Days
MLS
O5774852
Under Construction. Completion date is 9/2019. 1402-A NEW single-story home with 2-car garage! Inside is a spacious kitchen which looks out to the living room. The owner's suite features a private...
104 Sweetpea Court
Poinciana, FL 34759
104 Sweetpea Court Poinciana, FL 34759
 
$171,990 ( $2,000 )
Subdivision: Poinciana Nbrhd 02 Village 8
BEDS
4
BATHS
2
SQ.FT.
1,400
BUILT
2019
ON SITE
48Days
MLS
O5774954
Under Construction. Completion date is 9/2019. 1402-A NEW single-story home with 2-car garage! Inside is a spacious kitchen which looks out to the living room. The owner's suite features a private...
214 Goldenrod Lane
Poinciana, FL 34759
214 Goldenrod Lane Poinciana, FL 34759
 
$171,990 ( $2,000 )
Subdivision: Poinciana Nbrhd 02 Village 8
BEDS
4
BATHS
2
SQ.FT.
1,400
BUILT
2019
ON SITE
48Days
MLS
O5774976
Under Construction. Completion date is 9/2019. 1402-A NEW single-story home with 2-car garage! Inside is a spacious kitchen which looks out to the living room. The owner's suite features a private...

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