What does my credit score need to be to get...

[XD_JDOL]

...competitive mortgage and auto loan rates? Is there a magic number? Is it 650? 750? What should I use as my benchmark for being ready to apply for financing? I've done a lot to repair my formerly blemished credit history and would like to know when I should feel confident again.

[hogfarmer2]

anything above 650 should be good 700's are considered very good and 800 excellent but anything above 650 should do.

[all4oldchevys]

Generally, anything above 650 would be good enough, but we're kind of in a mortgage crisis right now, so lenders are being very picky. To get the best rate right now, you would probably need a score upwards of 700.

[jwilliams22mn]

I got my mortgage, a 30 year fixed rate at 6.1%. I had a 650 credit score, and was also 2 years out of a bankruptcy.This was a first time home buyer program FHA loan. There are tons of programs for first time buyers. What I did is I made a request on lending tree and waited for the best offer to come in. It took about a month, and about 12 offers. Don't let a mortgage broker screw you, they are desperate rate now and you should be able to get the best possible deal. Don't do an arm, only a low fixed rate!Good Luck!