How To Get A Home Loan


What Are Mortgage Lenders Looking For?

Your Credit Profile Excellent 720+ Good 660-719 Avg. 620-659 Below Avg. 580-619 Poor ≤ 579.

When do you intend to buy your house? Found a house; signed a purchase agreement; offer pending; will you buy in 30 days, 2 to 3 months, 4 to 5 months, or 6 months from now?


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Congratulations! Rocket Mortgage can proceed with your online home loan application based on the information you have submitted.

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What Documents Do You Need To Get A Mortgage?

To view your maximum home price and receive an online approval decision, use Rocket Mortgage®.

Victoria Araj has worked for Rocket Mortgage for 15 years as a section editor. During that time, she has also held positions in mortgage banking, public relations, and other areas. She graduated from Michigan State University with a bachelor’s degree in journalism with a political science focus and the University of Michigan with a master’s degree in public administration.


Is it easy to get a loan on your house?

Compared to other forms of personal loans, home equity loans are simpler to obtain. Additionally, they have simpler payment cycles because, like mortgage payments, they can be repaid on a monthly basis over a predetermined period of time.

Is it hard to get approved for home loan?

Many people are shocked to learn that a decent credit score is sufficient to qualify for a mortgage instead of a perfect one. An FHA loan can be obtained even with a credit score as low as 580. Credit scores as low as 620 can be used to obtain conventional loans if you have a sizable enough down payment.

What credit score do you need for a house loan?

Generally speaking, 620 is the minimum credit score required for most mortgages. However, compared to conventional fixed-rate loans and adjustable rate mortgages (ARMs), government-backed mortgages such as Federal Housing Administration (FHA) loans usually have less stringent credit requirements.

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