Forgotten Your Password?

Need to Register?

Question Icon

What is considered a good credit score? anything above 700?

when do I get dings in rates for credit? If it is below what number? And do all 3 scores have to be above a certain number? I by DickHeermance from Milpitas, California. Aug 3rd 2010 Reply


Matt Davis (Matt Davis)
#152 ranked lender in California - 52 contributions

As Lew stated below, typically your best terms are at and above the 740 level. There are some instances though where it may not really affect you depending on the transaction type.Are you looking to refinance or purchase a home? I would be happy to go over any questions or scenarios you may have, feel free to contact either by phone at 888-PierWest(743-7937) X 701 or via email at matt@pierwestcapital.comBest,Matt Davis

Aug 3rd 2010
0
0
Rudi Hofmann (CaPortfolioLoans)
#282 ranked lender in California - 380 contributions

A 720 middle FICO score. Although some lenders will have better rates or less LLPA with a 740 or 760. ..... Happy funding, Rudi

Aug 3rd 2010
0
0
Matt Triplett (archercredit)
#18 ranked lender in Utah - 5 contributions

740 will get you qualified for anything, but you can still get qualified with dings in rates for credit for anything below that. You can still qualify with 700 and below, but it will cost you and you better have a good debt to income ratio and down payment. You can always try to <a href="http://questfor700credit.com/">raise yourcredit score</a> through credit repair and paying down bills.

Oct 12th 2010
0
0
Subscribe to our news feed.