| mortgage rates/FICO scores |
|
|
|
|
|
mikeb
New Member
Cash: $ 1.95
Posts: 9
Joined: 17 Oct 2005
Location: DC metro
|
| mortgage rates/FICO scores |
 |
|
Does anyone know the difference in rates for a person with a FICO score of 680, compared to one of 720.
|
Mon Feb 13, 2006 4:53 pm |
|
|
Jaszbo
Preferred Member
Cash: $ 35.90
Posts: 177
Joined: 03 Jan 2006
|
When you say rates, are you talking about mortgage rates?
There is no set rule if that's what you mean, but if you are asking on average I've seen this one that tells you in general the rate
http://www.myfico.com/myfico/CreditCentral/LoanRates.asp
My lender doesn't look at the fico score as long as it's above 500. The rate is based on the downpayment or equity.
|
|
Mon Feb 13, 2006 6:41 pm |
|
|
mikeb
New Member
Cash: $ 1.95
Posts: 9
Joined: 17 Oct 2005
Location: DC metro
|
Thanks jaszbo
|
|
Mon Feb 13, 2006 9:28 pm |
|
|
augfan77
Member
Cash: $ 4.90
Posts: 21
Joined: 07 Mar 2006
|
| Fico Scores |
|
|
Creditors use various factors while determining the rates on the credit applied for. The factors may vary from one creditor to another. hence it is quite difficult to make out the exact different in the rates for a person having FICO score of 680 and another with a score of 720.
Dodge Insurance Frauds
|
|
Wed Mar 15, 2006 5:41 am |
|
|
|
