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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703 Properties Found. Showing 1-12
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709 Tahiti Drive
Kissimmee, FL 34758
709 Tahiti Drive Kissimmee, FL 34758
1 of 11
$208,000 ( $3,000 )
Subdivision: Poinciana
BEDS
4
BATHS
2
SQ.FT.
1,647
BUILT
2018
ON SITE
109Days
MLS
O5724014
Almost Completed!!! New construction!!!! Custom home. Model:ANCHORAGE home is 1647 sf of living. Open floor plan, Vaulted ceilings, 9"4'ft in all Bedrooms, 4 bedrooms, 2 bath, 2 car garage. Tile...
803 Del Prado Drive
Kissimmee, FL 34758
803 Del Prado Drive Kissimmee, FL 34758
1 of 17
$210,000 ( $5,000 )
Subdivision: Poinciana
BEDS
4
BATHS
2
SQ.FT.
1,647
BUILT
2018
ON SITE
109Days
MLS
O5724028
Under construction!!! New construction!!!! Custom home. Model:ANCHORAGE home is 1647 sf of living. Open floor plan, Vaulted ceilings, 9"4'ft in all Bedrooms, 4 bedrooms, 2 bath, 2 car garage. Tile...
4732 Huron Bay Circle
Kissimmee, FL 34759
4732 Huron Bay Circle Kissimmee, FL 34759
1 of 17
$215,000 ( $10,000 )
Subdivision: Southport Bay Ph 02
BEDS
4
BATHS
2
SQ.FT.
1,414
BUILT
2018
ON SITE
176Days
MLS
O5709238
Under Construction. Imagine yourself in this BRAND NEW HOME before the holidays!!! Beautiful LaBella model featuring 4 bedrooms, 2 baths, 2-car garage and spacious covered lanai. This home has an...
1400 39Th Street
Orlando, FL 32839
1400 39Th Street Orlando, FL 32839
1 of 7
$215,000 ( $9,900 )
Subdivision: Angebilt Add
BEDS
4
BATHS
2
SQ.FT.
1,850
BUILT
2018
ON SITE
79Days
MLS
O5730423
PRICE REDUCED!! Your home search has ended at the door steps of this brand new home. This new construction home is designed for the perfect homeowner. Enjoy your brand new house with vaulted...
303 Dieppe Place
Kissimmee, FL 34759
303 Dieppe Place Kissimmee, FL 34759
1 of 7
$219,050 ( $19,000 )
Subdivision: Poinciana Village 05 Neighborhood 01
BEDS
4
BATHS
2
SQ.FT.
1,755
BUILT
2018
ON SITE
195Days
MLS
O5705775
Under Construction 4/2/2 home Open kitchen, inside laundry, with vaulted ceiling oversized Master bedroom.GE appliances, Living area has vaulted ceilings perfect for entertaining. Backyard has plenty...
320 Chiquita Court
Kissimmee, FL 34758
320 Chiquita Court Kissimmee, FL 34758
1 of 17
$219,800
Subdivision: Poinciana Village 01 Neighborhood 01 North
BEDS
4
BATHS
2
SQ.FT.
2,383
BUILT
2018
ON SITE
43Days
MLS
O5737952
THIS HOME IS A MUST SEE. SPECTACULAR BRAND NEW HOUSE READY TO MOVE IN. DONT MISS THE OPPORTUNITY AND COME AND SEE THIS SPECTACULAR NEW HOUSE IN THIS QUIET COMMUNITY. THE HOUSE IS LOCATED CLOSE TO...
2621 Glenrock Court
Kissimmee, FL 34746
2621 Glenrock Court Kissimmee, FL 34746
 
$219,990 ( $57,529 )
Subdivision: Eagle Lake
BEDS
3
BATHS
2
SQ.FT.
1,679
BUILT
2018
ON SITE
18Days
MLS
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Under Construction. Brand new single story home offered by Lennar Homes at Eagle Lake .This Home is located on a Cul-De-Sac and features 3 Bedroom ,2 bath and a Flex den ,10 x 40 lanai , brick...
3414 Sagebrush Street
Harmony, FL 34773
3414 Sagebrush Street Harmony, FL 34773
 
$221,300
Subdivision: Harmony Neighborhood I
BEDS
2
BATHS
2
SQ.FT.
1,404
BUILT
2018
ON SITE
46Days
MLS
T3133612
Under Construction. Beautiful brand new one story home in The Lakes at Harmony an Active Adult Community. Open floor plan with a covered lanai that is perfect for family gatherings or just to relax....
4940 Apollo Avenue
Saint Cloud, FL 34773
4940 Apollo Avenue Saint Cloud, FL 34773
1 of 2
$224,900
Subdivision: Canaveral Acres Unit 01
BEDS
4
BATHS
2
SQ.FT.
1,433
BUILT
2018
ON SITE
373Days
MLS
S4853440
Under Construction. To Be Built. 4 Bed/ 2 Bath located on almost an acre lot. 2 Car Garage Split Plan, Covered Lanai, double sinks in master, 8ft and volume ceilings thru-out. Get in now... Taxes...
2425 Temple Grove Lane
Kissimmee, FL 34741
2425 Temple Grove Lane Kissimmee, FL 34741
 
$224,900
Subdivision: Donegan Twnhms
BEDS
3
BATHS
3
SQ.FT.
1,321
BUILT
2018
ON SITE
198Days
MLS
O5704706
Check out this NEW LUXURY TOWNHOME UNDER CONSTRUCTION! Estimated completion is November of this year! Donegan Townhomes is convenient to attractions, 417, 528, shopping & restaurants. Luxury...
131 Anzio Drive
Kissimmee, FL 34758
131 Anzio Drive Kissimmee, FL 34758
1 of 4
$225,000
Subdivision: Poinciana Village 01 Neighborhood 02
BEDS
3
BATHS
2
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1,650
BUILT
2018
ON SITE
363Days
MLS
S4853870
Under Construction. Come and fall in love with this quality built well-designed Under Construction Home with an Spacious open Floor plan featuring four bedroom, two baths and two car garage. You will...
4688 Huron Bay Circle
Kissimmee, FL 34759
4688 Huron Bay Circle Kissimmee, FL 34759
1 of 26
$225,000 ( $10,000 )
Subdivision: Southport Bay Ph 02
BEDS
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BATHS
2
SQ.FT.
1,414
BUILT
2018
ON SITE
178Days
MLS
O5708880
Under Construction. Imagine yourself in this BRAND NEW HOME before the holidays!!! Beautiful LaBella model featuring 4 bedrooms, 2 baths, 2-car garage and spacious covered lanai. This oversized...

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