Advertiser Disclosure. Mortgage What Credit Score Do You Really Need for a Mortgage? Tuesday, March 26, 2019. editorial note: The content of this article is based on the author’s opinions and recommendations alone.
Credit mix. It’s a plus to have a combination of installment loans, such as personal, mortgage and auto, and credit cards. The Credit Score You Need for a Credit Card There is no threshold credit.
· Consumers who do not have the minimum acceptable credit required by the lender are unlikely to be approved for mortgage refinancing. minimum credit ratings may vary according to lender and mortgage product. In the event that you do not qualify for a credit rating based on the required minimum credit rating, a lender may or may not introduce you.