Michael Carter - Total Quality Lending Images

Michael Carter

Category

Lending Insights

Date

July 17, 2020

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What does your Credit Score Mean?

Today we are going to break down what your FICO score means and how it can help or hurt you when applying for a home loan!

750+ You should qualify for a variety of mortgages, with the best interest rates and lowest fees!

680+ You're likely to qualify, and with a good interest rate and standard fees

600 - 680 You might qualify, but you'll probably have fewer loan options and pay a higher interest rate and fees

350 - 599 You probably won't qualify for a mortgage, except in some special cases

Need help with your fico score? We are going to give more tips soon, so stay tuned!

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