Pop quiz for Greater Boston buyers: What minimum credit score do you actually need to buy a home? 🏠👇 A) 620 B) 660 C) 700 D) It depends Drop your guess in the comments before reading further! ⬇️ . . . If you guessed B or C, you aren't alone. A recent Veterans United survey revealed that 57% of would-be buyers believe you need at least a 660 or near-perfect credit to qualify. The truth? Both A (620) and D ("It depends") are correct. 🎯 For standard Fannie Mae and Freddie Mac conventional loans, the baseline benchmark is 620—not 700. And with loan programs like FHA or VA (plus recent updates to credit qualification models), qualifying scores can sometimes be even lower. Don't let credit score myths keep you trapped in a lease or sitting on the sidelines of the Boston market. Curious where you stand or want to see what you could qualify for today? Send me a direct message or check out your options here: RealtorMikeMahoney.com #BostonRealEstate #GreaterBoston

If you want to keep an eye on what's happening with real estate, check out my blog posts. Credit Scoring Is Changing: 3 Things Homebuyers Should Know Think you need a 700 credit score to buy a home? You might be surprised by how wrong that number is. And if you've been putting off buying because of your credit, this could change everything. According to a recent Veterans United survey, 57% of prospective buyers think they need a credit score of at least 660 to qualify for a mortgage. And 34% believe they need 700 or higher. But here's what many people don't realize. The traditional benchmark for many conventional loans has been 620. And with recent changes to mortgage credit scoring, even that isn't a hard-and-fast requirement for every loan. Plus, lenders are beginning to adopt newer credit scoring models that could help millions more Americans get evaluated for a mortgage. So, the number you see on your credit monitoring app may not tell the whole story about your ability to buy a home. Does that mean everyone can qualify? Of course not. But it does mean you shouldn't count yourself out before talking to a professional. Curious where you actually stand? Send me a message, and let's connect you with a lender who can help you find out. #CreditScore #HomebuyingTips Michael Mahoney Realtor 617-615-9435 mike@mmahoney.com www.HomesinBostonMass.com

op quiz! 🤓 What credit score do you need to buy a home? 🏠🎯 If your answer was B) 660 or C) 700 … you’re not alone! 🤔 A lot of people believe you need "perfect" or “near perfect” credit to make a move in the Boston area. 📈🚫 But the truth is, you probably don’t need as high a credit score as you think! 🙌✨ Even though a Veterans United survey shows 57% of would-be buyers think you need at least a 660, the long-standing benchmark for Fannie Mae and Freddie Mac loans is 620—and even that isn’t a hard rule for every loan! 📉💡 So the real answer? Both A) 620 and D) “it depends” are right! 🎯🙋‍♂️ Between different loan programs (like FHA, VA, and conventional) and all the changes to credit models lately, even more Bostonians will be able to buy than before! 🔑🥳 🏡 Don’t let myths keep you locked into a lease or sitting on the sidelines. Let’s connect and find out where you actually stand! 👇 📲 Call/DM me today to talk about your homeownership goals! Let's get you moving. 🤝💼 #CreditScore #HomeBuyingTips #BostonRealEstate #BostonRealtor #BostonRealEstateAgent #MArealestate #BostonHomes #MovingToBoston #BostonBroker #RealtorLife #BostonLiving #NewEnglandRealEstate #HomebuyerEducation #MortgageBroker #BostonMortgage #MortgageLending #MortgageRates #HomeLoan #BostonLender #FirstTimeHomeBuyer #CreditTips #FinancialGoals #CreditScoreTips #MortgageLife #MortgageBrokerMA #GetPreApproved #FannieMae #FreddieMac #MassachusettsRealEstate

Check out this blog #CancelledContracts #HomeSellingTips #KeepingCurrentMatters Always see more @ http://www.RealtorMikeMahoney.com

Check out this blog #CreditScore #HomebuyingTips #KeepingCurrentMatters Always see more @ http://www.RealtorMikeMahoney.com

There is nothing scarier in 2026 than the price of a fun-sized bag of Snickers... 🍫🎃 Well, maybe one thing is scarier. The $400, 12-foot giant skeleton my neighbor bought that I just know is going to be wearing a Santa hat and tangled in Christmas lights by next week. Hey, honestly? At $400, you have to get your ROI. I'm not even mad. Expecting it to have a turkey around Thanksgiving at this point. 🦃💀 But seriously, with inflation doing what it’s doing and the cost of literally everything going through the roof: 🚨 If you find yourself needing a 30-year fixed mortgage or a Home Equity Line of Credit (HELOC) just to fund this year's trick-or-treat candy bowl... let me know. I definitely have some great mortgage partners I can introduce you to. No judgement here. 🏢 And if you’re currently living in an apartment but you’ve decided you desperately want your own front yard to host a massive, oversized skeleton of your own next year (and you’re ready to take on the terrifyingly fun expenses of homeownership to do it)—I’m your guy. Let's make it happen. Whether you’re looking to buy, sell, or just need to vent about the cost of living while we watch trick-or-treaters walk past the historic homes here on Common Street in Walpole, my door is always open. Have a great, safe, and happy Halloween, everyone! 🕸️🍂 P.S. There are exactly 57 days until Christmas (December 25, 2026). Just saying... I can still get you into a new home before the ball drops for New Year's! 🏡🎄✨ #RealEstate #Halloween2026 #Homeownership #WalpoleMA #HumorInBusiness #Mortgage #HELOC #Inflation #BostonRealEstate #RealBroker #boston #realtor