What kind of mortgage interest rate can one get with a 600 credit score?


Probably no mortgage at all. You’ll need to get your score up to 620 to be eligible for a FHA and conventional mortgages will be even tougher to come by. Also, once you do manage to get up to 620, the rates available to you will be substancially higher than that available to good credit score customers.

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4 Comments.

  1. System 32 ಠ_ಠ

    I have a 698 and just closed on a 5.32% rate.
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  2. I doubt you could get ANY mortgage.
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  3. Designer~Wife

    One cannot get a mortgage with a 600 credit score unless it is with a shady company. The current minimum (and this still doesn’t mean you’ll be approved) is 620.
    References :

  4. Probably no mortgage at all. You’ll need to get your score up to 620 to be eligible for a FHA and conventional mortgages will be even tougher to come by. Also, once you do manage to get up to 620, the rates available to you will be substancially higher than that available to good credit score customers.
    References :

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