Would you recommend I boost credit score before applying?

710 to 720 could help you.

It may or may not matter depending on the mortgage you are applying for.

A few points would not hurt but you qualify as is. I could run a "what if" simulator and tell you exactly what to do to bump your score by a certain number of points. And show you my rate sheet to see if it would really matter. James Wener nmls id # 137331 www.phmc.com/jwerner

You are already qualified for nearly every loan product out there, but as others have pointed out, it always helps to be higher. It really depends on the type of loan you are pursuing, how quickly you want to get it done, etc. I realize this isn't much of a concrete answer, but we would need to know more about your motivation to be more certain.

The answer is always yes! Lol The higher your credit score the better pricing can be even with government loans. depending on what your situation is and what type of loan you are looking for as well as whether or not there is anything you can do to improve your score and by how much are all factors that need to be analyzed prior to giving an exact answer.Call us or email us at 201-962-3555 or Team@BestMortgageOption.com for ano cost no obligation analysis of your situation ask for Michelle or Benny. We will find the Best Mortgage Option to suit your needs! Check us out at www.BestMortgageOption.comAsk us about the awesome discounts we offer heroes as a Homes for Heroes affiliate!

Depends on the loan type applying for. For example, that scores gets you the best rates available on an FHA loan... but that score would cost you about .25% higher interest rate on a conventional loan

Larry is correct, it will depend on the loan program. However, I work with all of my clients to increase their score while we work on the financing for their home. If it will get you a better rate, the score increase only has to occur before we close, not before you apply. And even if it doesn't matter for the loan program, the score increase will help you down the road in other areas. I'm happy to help with the financing or just give you advice. If you need more information, or a competing rate quote call, email or use my live support button to discuss or get in touch with me. Web Address is: http://www.loansfromrob.com/quote/ Email is robertlh66@verizon.net and direct phone is 240-752-7549. Good Luck -- Rob Hanson

A better credit score can help you get a better interest rate on a loan. Speak with a local mortgage broker to determine what credit score you need to get the best rate with the different loan programs you are considering. Interest rates are likely to continue rising this year, so you will also want to keep that in mind.

No.. a 695 is a good score and the loan pricing adjustments for not having the preferred 740 or above score is very minimal. You could wait to improve your score, which could be done in as little as 30-45 days, or as long as 6 months.. meanwhile rates are on the rise, so the potential minimal adjustment you save by having a higher score is shadowed by the fact that rates will be higher, as well as overall home prices.. so in reality there is no need to wait.. go get pre approved and purchase your new home.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

As others are saying a better score is never a bad thing, it makes the approval process a little easier and can mean a slightly better interest rate. However, if that means waiting another couple months it is also possible rates could be higher then and you'd see little or no benefit. If you are ready to move forward, do it!