Even though it is true better credit or great credit will get you better loan terms, it is not true that you need great credit to purchase a home. In today’s mortgage market, one will qualify for a loan and get very, very good terms, or you’re simply not going to qualify. When considering purchasing a home while credit is important, the most important thing to do is to evaluate your credit, your income and your financial reserves to see what loan program will fit best. Ask us how.