credit scores
categories of FICO
steps to buying a house
steps to buying a house
100

excellent credit score  

what is 750 and above?

100

payment history 

what category is 35%?

100

step 1 

what step is ¨check your credit score¨?

100

step 2 

what step is ¨figure out how much house you can afford¨?

200

a good credit score

what is 700-749?

200

amount owned against your credit limit

what category is 30%?

200

step 9 

what step is ¨purchase a homeowners insurance policy¨?

200

step 6

what step is ¨make an offer¨?

300

poor credit score

what is 649-550?

300

length of credit history 

what category is 15%?

300

step 5

what step is ¨start the home search¨?

300

step 8

what step is ¨secure your financing¨?

400

a bad credit score

what is 550 and lower?

400

new credit

what category is 10%?

400

step 3

what step is ¨find a real estate agent¨?

400

step 4 

what step is ¨get pre-approved¨?

500

fair credit score

what is 650-699?

500

types of credit

what other category is 10%?

500

step 7 

what step is ¨schedule the inspection¨?

500

step 10

what step is ¨close and move¨?

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