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Cubby1771
Cubby1771 asked in Business & FinanceCredit · 3 years ago

On average what's the lowest credit score that would get approved for a mortgage loan.. ballpark number?

8 Answers

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  • ?
    Lv 6
    2 years ago

    660

    Source(s): Retired bill collector 35 years
  • curtisports2
    Lv 7
    3 years ago

    There isn't an average low.

  • craig
    3 years ago

    620 on a Fannie mac loan....

    Source(s): Credit partner..
  • David 14
    Lv 7
    3 years ago

    Each lender is different.

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  • ?
    Lv 7
    3 years ago

    Yes, I think the low 600s assuming your income and time on job is enough. That's for government backed loans only.

  • LOKI301
    3 years ago

    Somewhere in the 600 but you can't have any delinquencies, collections, late payments, or charged off accounts on your credit report.

  • Metalplanttag
    Lv 7
    3 years ago

    A lot of that would also depend on how much you pay up front for the property.

  • Judy
    Lv 7
    3 years ago

    620 maybe if everything else is good

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