For most custom home builds in Southwest Florida, you’ll need a minimum 700 credit score to buy a home. A score of 740 or above typically unlocks the best available interest rates and terms. If you’re planning to finance through a jumbo mortgage or a construction-to-permanent loan, those are the benchmarks worth knowing before you start. Most of the credit score advice you’ll find online was written for someone buying a $350,000 home using conventional loans. If you’re planning to build or buy a luxury home in Cape Coral, Naples, or Marco Island, that advice only tells part of the…
