When you first start thinking about buying a house, your first step should be checking on your credit score. When looking at your credit score to buy house, you’ll want to determine what the target credit score is for buying a home in today’s market. The DiMora Team are real estate experts in the Northville and Novi neighborhoods, and we know that when you apply for a mortgage to finance your new home, your credit score directly relates to your borrowing potential. Ranging from very poor at 300 to excellent at 850, lenders reference credit scores when underwriting home loans. Lenders use an applicant’s credit history, most often from their FICO® scores, to calculate their mortgage terms, such as interest rates and qualifying loan packages. Check out below to see what sold in Northville Hills Golf Club in February 2025:
46656 Merion Circle, Northville: 5 bedrooms, 4.1 bathrooms, 3,479 sq. feet, 3 car garage, Sold Price: $1,135,000
Northville Hills Golf Club Home Sold
February 2025
To best prepare, homebuyers can take steps to improve their credit score to buy house before they apply for their mortgages. Even small improvements to your credit can significantly boost your borrowing potential and therefore provide access to more preferable loan terms. For more information on Northville Hills Golf Club, contact The DiMora Team today at 248-505-7728 or jim@dimora.com.