What Credit Score Do You Really Need to Buy a Home in Richmond & Chesterfield?

Credit score is one of the biggest concerns buyers have — and often one of the most misunderstood.

The Minimum vs. The Ideal

Many loan programs allow:

• Scores in the 600s
• Sometimes even lower depending on the loan type

However, higher scores often mean:

• Better interest rates
• Lower monthly payments

Credit Isn’t the Only Factor

Lenders also look at:

• Income
• Debt-to-income ratio
• Employment history

Your full financial picture matters.

The Takeaway

You don’t need perfect credit to start — you just need to understand where you stand and what your options are.