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Conventional loans: A credit score of 800 is well above the minimum needed to qualify for a conforming conventional loan, which is typically 620. In fact, with an 800, you ought to qualify for ...
Pay off your credit card, pay off your car loan, eliminate some student debt or refinance to a different monthly payment amount, Ebersole said. “The debt-to-income ratio is determined by monthly ...
A borrower with an exceptional credit score between 760 and 850 can get a 30-year fixed rate mortgage of $300,000 at an average rate of 7.550%, according to FICO.
Image source: Getty Images. The average credit score in the U.S. was 715 in 2023, according to Experian, one of three credit reporting bureaus. But a score of 800 or above is considered "exceptional."
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 ...
Here is a breakdown of how credit score ranges can impact your mortgage interest rate: 760 and above: To get the best rate possible on a mortgage, you will need a score of 760 or above. At this ...
But for the most part, my credit score has consistently been over 800 for the past couple of decades. And the last time I checked my score, it was an 822. Given that the highest possible credit ...
Getting your credit score above 800 earns you elite status. Just 21% of consumers have a credit score of 800 or above, according to Experian. An 800 credit score means you’ll qualify for the ...
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