652 credit score, is it good?

just checked my credit score. it was 652 is this a good score? could I get a home loan with this?

Public Comments

1. You should have 3 credit scores: equifax, experian and TransUnion. Once you see all 3, you'll see 3 different scores. 652 is not fantastic but it's decent enough if it's your middle score to likely qualify for 100% financing for a home mortgage.
2. 652 is condidered average to just below average.
3. This is a bit below average. Credit score alone will not qualify you for a home loan. Having a 652 score will not stop you from getting a loan. Most lenders will require that you have a "good" job, 6 months of savings, and a down payment (5% to 20%). These items are recommended and would help you get the best loan. If you don't qualify, other lenders can get you a loan, but the interest rate and terms will not be as good.
4. Is this a FICO score or is it some other score? FICO's are the only scores that matter. All the three credit reporting agencies sell their own scores or Vantage scores, but the only ones that matter are FICO scores. If this is a FICO score, it is definitely below average, probably consider poor or at best a fair score.
5. It is good. Depending on the age of the debts, 652 could be a good number. Do you own your cars? These are also assets that can be used to purchase your home along with the score.
6. It's a fair score, and you can get a home loan with this. You will be paying higher interest rates though. For prime rates you want your score to be above 700 (720 for some companies).
7. I think its considered average! My hubbys is 629 and we just got a home loan 100% financing with an interest rate of 6.375 but we dont have any debt to income ratio either...GOOD LUCK!!!
8. You should be stating your debt to income ratio if you want a good answer. Your score is good enough, however, one of the most important things looked at is your debt to income ratio. Some people have a great credit score but if they pay out a high % of their monthly income on, for example cc's and auto loans, they will be considered high risk.
9. I hope this helps you: FICO Credit Score And Your Loan Approval If your credit score lies between 600 – 620, you might be easily approved for 100% financing. Even in this case, you have to approach a subprime lender. For a credit score of at least 620, you can easily avail of 100% financing, along with a reduced rate of only 1 - 2 percentage points more than the prime rate.