Can I Buy a House in Plano with a 600 Credit Score?
The short answer
It may be possible. Some loan programs, such as FHA, have more flexible credit guidelines, but approval depends on the full picture: income, debts, savings, and the lender's own rules. No outcome is guaranteed.
What can help at a 600 score
- A steady payment history: Recent on-time payments carry weight.
- Lower debt: A healthy debt-to-income ratio helps.
- Savings: Down payment funds and a little cushion can strengthen your file.
- The right program: Some are more flexible than others.
Simple steps to take now
- Pull your credit reports and look for errors.
- Pay every bill on time from here forward.
- Keep card balances low.
- Talk to a broker before you shop for homes.
More on FHA: FHA Loans in Texas: Who Qualifies and How It Works
Frequently asked questions
Will a 600 score mean a higher cost?
Terms often vary with credit. A broker can show you options side by side so you see the tradeoffs.
Should I wait to improve my score first?
It depends. Sometimes buying now makes sense, and sometimes a short plan to build credit first pays off.
Call us at (469) 414-5554 or visit mohavemortgages.net/home-texas.
By Kelly Welton, Mortgage Broker (NMLS #314183), Mohave Mortgage Texas Branch. Mohave Mortgage NMLS #1830581 · Texas Branch NMLS #2690682 · Equal Housing Opportunity. General information only, not a commitment to lend or financial advice. Programs, rates and guidelines vary and change.
