How Good Does Your Credit Need to Be to Buy a Home?

How Good Does Your Credit Need to Be to Buy a Home?

If you’re thinking about buying a home, you know that your credit score has a direct impact on your mortgage. But how good does it need to be?

How Good Does Your Credit Need to Be to Buy a Home?

Having a high credit score certainly helps you get approved for a mortgage loan. However, that doesn’t mean your score needs to be perfect. In fact, you can be pre-approved for a mortgage loan with a credit score in the 600s – though your interest rates will certainly reflect your score.

401 E 36th Street
$949,000
  • 3 Bedrooms
  • 3 Bathrooms
  • 3,878 Sq Ft
  • 4.060 Acres

401 E 36th Street Jasper, Indiana

View Property

Listing courtesy of Ryan Craig from RE/MAX Local.

1089 N 400W
$724,900
  • 3 Bedrooms
  • 2 Bathrooms
  • 2,940 Sq Ft
  • 14.820 Acres

1089 N 400W Jasper, Indiana

View Property

Listing courtesy of Zach Holt from Whitetail Properties Real Estate.

1928 South A Street
$575,000
  • 3 Bedrooms
  • 3 Bathrooms
  • 1,776 Sq Ft
  • 6.260 Acres

1928 South A Street Jasper, Indiana

View Property

Listing courtesy of Arlet Jackle from RE/MAX Local.

4617 W Cypress Drive
$389,900
  • 3 Bedrooms
  • 2 Bathrooms
  • 1,793 Sq Ft
  • 0.414 Acres

4617 W Cypress Drive Jasper, Indiana

View Property

Listing courtesy of Marissa Goodness from Carpenter Realty LLC.

1091 W 36th Street
$369,500
  • 5 Bedrooms
  • 3 Bathrooms
  • 4,014 Sq Ft
  • 1.300 Acres

1091 W 36th Street Jasper, Indiana

View Property

Listing courtesy of Steve Wigand from ERA FIRST ADVANTAGE REALTY, INC.

307 Newton Street
$360,000
  • 4 Bedrooms
  • 2 Bathrooms
  • 3,490 Sq Ft
  • 0.371 Acres

307 Newton Street Jasper, Indiana

View Property

Listing courtesy of Tama Stemle from RE/MAX Local.

980 S Crestwood Dr.
$319,900
  • 3 Bedrooms
  • 3 Bathrooms
  • 2,734 Sq Ft
  • 0.580 Acres

980 S Crestwood Dr. Jasper, Indiana

View Property

Listing courtesy of Larry Carpenter III from Carpenter Realty LLC.

4667 W Ireland Church Avenue
$309,900
  • 3 Bedrooms
  • 4 Bathrooms
  • 1,568 Sq Ft
  • 1.100 Acres

4667 W Ireland Church Avenue Jasper, Indiana

View Property

Listing courtesy of Marissa Goodness from Carpenter Realty LLC.

912 E 420 N Highway
$299,900
  • 3 Bedrooms
  • 3 Bathrooms
  • 1,832 Sq Ft
  • 6 Acres

912 E 420 N Highway Jasper, Indiana

View Property

Listing courtesy of Jennifer Stallings from KELLER WILLIAMS CAPITAL REALTY.

3584 Bittersweet Dr.
$275,000
  • 3 Bedrooms
  • 1 Bathrooms
  • 1,377 Sq Ft
  • 0.720 Acres

3584 Bittersweet Dr. Jasper, Indiana

View Property

Listing courtesy of Larry Carpenter III from Carpenter Realty LLC.

1477 Worrell Drive
$275,000
  • 4 Bedrooms
  • 3 Bathrooms
  • 1,972 Sq Ft
  • 0.590 Acres

1477 Worrell Drive Jasper, Indiana

View Property

Listing courtesy of Constance Nord from RE/MAX REVOLUTION.

589 N Truman Road
$250,000
  • 4 Bedrooms
  • 3 Bathrooms
  • 2,103 Sq Ft
  • 1.081 Acres

589 N Truman Road Jasper, Indiana

View Property

Listing courtesy of Cheryl Arnold from CENTURY 21 ARNOLD & ASSOCIATES.

1281 E 2nd Avenue
$219,000
  • 4 Bedrooms
  • 2 Bathrooms
  • 1,250 Sq Ft
  • 1.900 Acres

1281 E 2nd Avenue Jasper, Indiana

View Property

Listing courtesy of Keasha Fromme from Carpenter Realty LLC.

891 Giesler Road
$211,500
  • 3 Bedrooms
  • 2 Bathrooms
  • 1,800 Sq Ft
  • 0.208 Acres

891 Giesler Road Jasper, Indiana

View Property

Listing courtesy of Kevin Bayer from RE/MAX Local.

5362 W Division Rd.
$169,750
  • 3 Bedrooms
  • 2 Bathrooms
  • 1,560 Sq Ft
  • 1 Acres

5362 W Division Rd. Jasper, Indiana

View Property

Listing courtesy of Larry Carpenter III from Carpenter Realty LLC.

Higher Interest for Lower Scores

Generally, the lower your credit score is, the higher your interest rate will be. It’s worth trying to work on your credit, even if you can only make a small improvement, before you apply for a mortgage. That’s because over time, your interest rate dictates exactly how much you’ll pay for a home.

What About Points?

If you’re able to save a little extra cash (in addition to your down payment), it may be worth it for you to purchase discount points. Points are one way to lower your interest rate, which can save you money in the long run.

Are You Thinking of Buying a Home in Dubois County?

Use our site to search homes for sale in Jasper, Dubois, Spencer, Martin and Davis counties, as well as all the surrounding communities. Unlike the “big name” sites out there, at Sell 4 Free Welsh Realty, our site is directly connected to our local MLS. We update it with new homes every hour.

Sign up for new listing alerts so you can stay on top of the newest homes for sale – and get price change alerts so you can stay ahead of other buyers and beat them to the hottest deals!

Start Your Home Search Here

Popular Jasper, Indiana Home Searches:

Newest Homes for Sale in Dubois County

View the newest homes listed in Dubois County in the last 10 days:

Welcome home! This well maintained and regularly serviced 4 bedroom 1930s home that has stayed within 3 generations of the same family is up for grabs! Bring your vision as you step into this gorgeous home with original trim and French doors between the dining and living rooms, 9' ceilings, strong bones, welcoming front porch, and relaxing 3 seasons patio. Replacement windows allow for plenty of natural light. The open floor plan basement houses the laundry, sink, and toilet. An oversized 2 car detached garage goes perfect with the brick home as well as four additional rock parking spaces- two on the west and 2 on the northeast of the house. A smaller shed that was once used as a smoke house and garden tools storage is next to the detached. More! A 1.90 acre lot is included to do with as you please! There is a partial chainlink fence lining the three sides of the rear half of the lot. Tall cedars line a part of the the west for privacy. $219,000 Active

1281 E 2nd Avenue Jasper, Indiana

4 Beds 2 Baths 1,250 SqFt 1.900 Acres

Listing courtesy of Keasha Fromme from Carpenter Realty LLC.

This nice, well kept home in the heart of Huntingburg is sure to please. There are two bedrooms on the main level, and large bedroom upstairs. The custom headboard and built-in bunk stay with the house. The oversized living room and dining area have beautiful hardwood floors. Upstairs is a den that is currently being used as a 4th bedroom. The basement provides an abundance of storage, and has direct access to the garage. Outside is a child's paradise with large yard and basketball goal with concrete pad. $174,900 Active

105 E 1st Street Huntingburg, Indiana

3 Beds 2 Baths 2,080 SqFt 0.290 Acres

Listing courtesy of Steve Lukemeyer from F.C. TUCKER EMGE.

Welcome home to Huntingburg's desirable Hunter's Crossing neighborhood! This pristine 1564 square foot ranch has 3 bedrooms, 2 full baths with a thoughtfully designed layout. The open concept design and vaulted ceilings in the living and kitchen areas add to the spacious feel of this home. The living area has large windows which overlook the stunning in-ground pool. A gas fireplace with floor to ceiling stone surround makes an impressive statement in the living area. The living area is open to the kitchen which has an island with sink and dishwasher for convenience. The kitchen has beautiful granite countertops, stainless appliances, and space above the cabinets for decor. Off the kitchen is the lovely dining area, which also overlooks the pool and has a door that opens to the covered patio. The owner's suite which is off the living area also overlooks the pool and has vaulted ceilings. An ensuite bath off the owner's suite has a jetted tub, walk-in shower, and huge walk-in closet. Two additional bedrooms and a second full bath are on the opposite side of the home for more privacy. A nice laundry room is off the foyer and leads to the two-car garage with extra space. Out back, the 18'x36' in-ground saltwater pool with automatic cover and heater makes this home an absolute perfect place to entertain! A large patio and beautiful black metal fence surround the pool area. There is also a covered patio as well for enjoying the outdoors in the shade. A large back yard and nice utility shed rounds out this perfect property. Extremely budget-friendly utilities are a plus at this home. Budget for utilities including electric, gas, water, and sewer is only $268/month. Hurry or you will miss your chance at this lovely home that is convenient to everything! $319,900 Active

210 W Stellar Way Huntingburg, Indiana

3 Beds 2 Baths 1,564 SqFt 0.300 Acres

Listing courtesy of Jennifer Fritz Wahl from ERA FIRST ADVANTAGE REALTY, INC.

 

Privacy Settings