New Delhi, May 3 -- A home loan is one of the biggest financial commitments, and lenders carefully evaluate your creditworthiness before offering terms. Among all the factors they consider, an individual's credit score plays a crucial role in determining not just whether your loan gets approved, but also the interest rate, loan amount, and overall deal you are offered.

A credit score can typically range from 300 to 900, which in turn directly impacts home loan eligibility, interest rates, and loan amounts. A score above 750 is generally considered excellent, increasing chances of fast approval and lower interest rates. On the other hand, a low score below 650 may lead to higher interest rates or even rejection of the loan application, ac...