What is the ideal credit score(lowest & highest) for a married couple to have when buying a home?

The process of buying a home.What is the ideal credit score(lowest %26amp; highest) for a married couple to have when buying a home?
Anything above 700 is considered an A rating. A+ credit is 750 and above.What is the ideal credit score(lowest %26amp; highest) for a married couple to have when buying a home?
720 or above
Montrell,





You are right to be thinking of having a good credit score for securing a mortgage. You are in good shape if yours is above 700, the higher the better.





There are other factors to consider.


How much of a down payment will you have?


Do you have enough to pay points and lower your interest rate? This is ideal if you plan to own the home for at least five years. Lowering your interest rate means more money is going to the principle of the mortgage.


What percentage of your income will go towards your mortgage? Many people make the mistake of spending too much of their monthly income on their house. This is especially important to consider if one member of the couple is at risk of losing their job, or if the couple is planning to have children and the wife will lose income for a while.





I hope this helps. My wife and I have bought four houses (sold three, living in fourth) and these are lessons we have learned.





';Ranger';