Your credit score plays a major role in determining your mortgage rate and loan options. In general, higher credit scores qualify for lower interest rates and better terms. Lower scores may result in higher rates or require alternative loan programs.

That said, your credit score is only one part of the picture. Lenders also consider income, assets, debt-to-income ratio, and overall credit history. Many Florida borrowers assume they cannot qualify due to credit concerns, but flexible programs and broker access often provide more options than big banks.