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Dillon Penner
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Get in now or wait for better credit

Dillon Penner
Posted Dec 12 2022, 14:15

I am committed to buying my first property in 2023, but I am torn on jumping in with 2 feet right now. I am currently around 650 670 credit score and I plan on house hacking with a FHA loan. With current interest rates I am wondering is it better to wait until I am at least a 700 score or better? Or should I not worry too much and just get started on getting pre approved with my credit now? Any pros & cons and help with this scenario is greatly appreciated!

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