Not exact matches
If you want to use an FHA loan to buy your first home in California — and you want to take
advantage of the 3.5 % down payment option — you'll probably need a
credit score of 580 or
higher.
To take
advantage of the FHA's lower down payment
of 3.5 %, the borrower will need a
credit score of 580 or
higher.
That's why if you have bad or damaged
credit and your
credit score is not as
high as you would like it to be, you can still take an
advantage of our services.
Maybe it wasn't even your fault, but the fact remains that without a
high credit score, creditors are going to take
advantage of you — costing you thousands.
Having
higher credit scores may seem like an
advantage, but it can also create opportunities for your child to acquire
higher levels
of debt.
The
higher your
credit score, the more attention one should pay to the
advantages you're getting out
of the card (s) you apply for.
And if they make payments on time and have
high credit scores they can take an
advantage of unsecured personal loans.
That being said, if those are the cards with the lowest interest rates, perhaps because you took
advantage of a low APR balance - transfer offer, the savings you'll achieve from paying off your
highest - interest - rate debt first may be more important than improving your
credit score.
If you want to take
advantage of the low 3.5 % down - payment option, you'll need a FICO
credit score of 580 or
higher.
Most people who are approved for the Business
Advantage Cash Rewards card from Bank
of America report having a
credit score of 690 or
higher.
You will need a
credit score of 640 or
higher for an NC Home
Advantage Mortgage ™ — if you're not there yet, check out our Home Matters blog for several posts on
credit issues and preparing for home ownership.