Your credit score plays a big roll in deciding the amount of home you can afford. This video will help you know how it impacts the buying process, generally where you credit score should be at when purchasing a home and how you can know what your credit score is now.

Your credit score is going to be used to determine your creditworthiness. A lender will look at the number for your score which determines your interest rate, and the payment history on your report.

Sometimes when you view your credit score online, it is different from what your lender comes up with. Why?

That's because, whenever you are pulling your credit as a consumer it will pull different data points than what a lender will pull for a mortgage. Whenever you pull your credit from a mortgage standpoint, it is going to pull way more data points which will actually impact the number that comes back as opposed to what you pull online as a consumer. All that means for you is that the lender looks more in-depth at your credit.

So what credit score do you need in order to buy a house?

Obviously the higher your credit score, the better, but there are actually loan programs for people all over the spectrum. There are programs out there for people with credit scores in the 600s and sometimes lower. If you are wondering where you are sitting as far as what you can afford to borrow, reach out to a lender and they can give you an idea of what you can afford. You can find Taylor Alvarado on Instagram @TaylorHomeLoan You can contact Kami Hall at kamihallrealestate.com or call/text 469-907-6283