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Here’s an example: Let’s say you’re buying a $400,000 house with a 20 percent down payment, and your high credit score qualifies you for a 30-year fixed mortgage at an interest rate of 6.2 ...
The ideal credit score range for the best mortgage rate. ... It may surprise you that you do not have to have a perfect credit score of 850 to get the best rate (or even be in the top tier of 800 ...
The higher your credit score, the lower the mortgage rate you’ll qualify for. ... 800 or higher: Exceptional. 740-799: Very good. 670-739: Good. 580-669: Fair. 579 or lower: Poor.
According to the latest available data from FICO, someone with a 660 credit score would get an average mortgage interest rate of 6.62%, with a monthly payment of $1,382 for a $216,000 30-year ...
800-290-4726 more ways ... a mortgage even with a lower credit score. Mortgage ... now in hopes of getting a better rate when you buy. A higher credit score could also help you get a lower ...
The best mortgage rates go to borrowers with good to excellent credit — typically a FICO credit score of at least 670 — though even with fair credit, you may be able to find a mortgage ...
800-290-4726 more ways to reach us ... That puts the average credit score for mortgage holders 40 points above the national average. ... such as high interest rates and low inventory, a better ...
Key takeaways. A credit score of 800 or above is considered excellent and comes with the same benefits as a perfect 850 score. Benefits of an 800 credit score include better credit offers, lower ...
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