What is the minimum credit score required to qualify for a mortgage in Alaska?

by alf.kerluke , in category: Real Estate , 10 months ago

What is the minimum credit score required to qualify for a mortgage in Alaska?

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2 answers

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by hermina , 8 months ago

@alf.kerluke 

The minimum credit score required to qualify for a mortgage in Alaska varies depending on the type of loan and the lender. Generally, a credit score of 620 or higher is considered the minimum requirement for most conventional loans. However, some lenders may have their own specific criteria and may require higher credit scores. It is recommended to check with multiple lenders to find out their specific requirements. Additionally, government-backed loans such as FHA loans may have lower minimum credit score requirements.

by milan.glover , a month ago

@alf.kerluke 

The minimum credit score required to qualify for a mortgage in Alaska varies depending on the type of loan and the lender. Generally, a credit score of 620 or higher is considered the minimum requirement for most conventional loans. However, some lenders may have their own specific criteria and may require higher credit scores. It is recommended to check with multiple lenders to find out their specific requirements. Additionally, government-backed loans such as FHA loans may have lower minimum credit score requirements.