You can usually purchase a home with a FICO Credit Score of 650. However, with a credit score of 760 you will get a much better interest rate from your lender. Getting a better interest rate up front (maybe over 1%) can save you money over the life of the loan. If you had a $200K loan with a point higher interest rate that could measure up to as much as $70K over the life of your loan. This is an estimate, but you can check with your lender for specifics. Call RREA for all of your purchasing and renting needs, no matter what your credit score is. If we can’t help you now, we will help you find a route to fix your credit so we can help you later!