A FICO® Score of 611 places you within a population of consumers whose credit may be seen as Fair. Your 611 FICO® Score is lower than the average U.S. credit score. Consumers with FICO® Scores in the good range (670-739) or higher are generally offered significantly better borrowing terms.

Can I buy a house with a 611 FICO score?

The most common type of loan available to borrowers with a 611 credit score is an FHA loan. FHA loans only require that you have a 500 credit score, so with a 611 FICO, you will definitely meet the credit score requirements. We can help match you with a mortgage lender that offers FHA loans in your location.

What do you need to know about your FICO score?

FICO ® Scores consider a wide range of information on your credit report. However, they do not consider: Your race, color, religion, national origin, sex and marital status.

Where can I get a copy of my FICO score?

Your first task, when raising your FICO, is to see what you’re up against. You can get a copy of your credit report from all three major bureaus for free at the government’s site, annualcreditreport.com. Pay the small charge to obtain your FICO scores as well.

What is the average FICO credit score range?

Credit Score Ranges. Average 620 – 679 – Your score could use some improvements but you should still be able to get decent rates. Poor 580 – 629 – A credit score in this range indicates that you’re higher risk and might have trouble finding decent rates. Very Poor 579 or less – Anything less than 580 means that you’re very high risk.

Why does my credit score not count promotional inquiries?

Your scores do not count “consumer-initiated” inquiries – requests you have made for your credit report, in order to check it. They also do not count “promotional inquiries” – requests made by lenders in order to make you a “pre-approved” credit offer – or “administrative inquiries” – requests made by lenders to review your account with them.