2006-06-28 16:48:14 · 13 answers · asked by ussbatonrouge 1 in Business & Finance ➔ Renting & Real Estate
over 700
2006-06-28 16:51:37 · answer #1 · answered by ☼Jims Brain☼ 6 · 0⤊ 0⤋
Everyone basically is right you can get a loan no matter what type of credit you have as the commercials say. Although to be able to shop around with it affecting you you have to have 750 or greater. This gives you more leverage to turn down offers. If you loan shop & your score is under this checking within a 14 day period thru different lenders won't affect you as much as checking here on month & another in a different month. You just want to be reall careful about that, because multiple inquiries will lower your score. NOT to make a buzz for real estate offices like myself, but someimes with us it is better. Of course a reputable place who will check different banks who they have a close relationship with who will not run credit but take a look at the copy the broker has run, to give a estimate of the interest rate the customer will recieve. Then this broker will let you know the best rate you can recieve & with whom.
2006-06-29 07:34:01 · answer #2 · answered by peanut gallery 1 · 0⤊ 0⤋
any thing above 600 is considered pretty good credit. of course the higher your score the better your mortgage rate will be. Check around though alot of people will offer first time home buyer deals with the rates. And also remeber that right now the rates are going up so if you are going to do something within the next year or two, sooner is better
2006-06-28 16:52:05 · answer #3 · answered by BoccBoccMeow 1 · 0⤊ 0⤋
What is considered good credit also vary from state to state but in average a good credit is anything above 700 to 720. Mid 600's is ok credit. Low 600's and 500's is bad credit.
2006-06-29 08:00:58 · answer #4 · answered by SCCRealEstateUNCENSORED.com 3 · 0⤊ 0⤋
well it depends who you go with actually my husband credit score is 3-different numbers at 3 different companys so it is never the same. If you do the 3 thing we did they go with the score in the middle of the 3.
2006-06-28 16:54:34 · answer #5 · answered by Barbara S 2 · 0⤊ 0⤋
the top credit score is 800, so if you can get it 700 and over, you're all good on saving money and getting the best rates.. shop around for the best rates for mortgages before you just settle on one bank
2006-06-28 16:53:07 · answer #6 · answered by akroncke71 2 · 0⤊ 0⤋
627
2006-06-28 16:52:52 · answer #7 · answered by Anonymous · 0⤊ 0⤋
Anything over 700 is considered good, over 750 is great
mortgages are fairly easy to get regardless due to their importance and relatively low risk in lending.
2006-06-28 16:52:02 · answer #8 · answered by c_davis83 2 · 0⤊ 0⤋
anything from 650 on up is A paper, 649-500, is sub prime, and anything below 500 is concidered a hard money loan. if you would like to be preapproved for a home loan send me an E-mail with a # ware i can resch you, and let's see what i can do.
2006-06-29 09:19:52 · answer #9 · answered by cafe_blue_note 3 · 0⤊ 0⤋
you want to inform us your score. i'm a loan banker and the score is major the following. less than 565 you could likely ignore it except there's a broking service carry decrease back 2d deed of trust.
2016-11-15 09:48:09 · answer #10 · answered by ? 4 · 0⤊ 0⤋