Many potential homeowners don’t look at purchasing a home because they have incorrect information about credit scores which keep them from enjoying homeownership today. Did you know that:
Over 80% of consumers say they’ve seen their credit score, but when asked what their score is, almost half of them either say they ‘don’t know’ or they provide a number that is outside of the 300–850 score range.
Over 50% of consumers either didn’t know or got wrong the minimum credit score required for a home loan (Fannie Mae’s minimum requirement is 620; the average consumer response was 652).