The jumbo loan
borrower has excellent credit scores and has demonstrated an ability to management debt in a very high manner.
Not exact matches
Borrowers with good to excellent credit scores will obtain the most competitive rates with SoFi, while borrowers with average credit will have an easier time qualifying for funding wi
Borrowers with good to
excellent credit scores will obtain the most competitive rates with SoFi, while
borrowers with average credit will have an easier time qualifying for funding wi
borrowers with average
credit will
have an easier time qualifying for funding with Avant.
Interest rates
have been at historic lows in recent years, allowing
borrowers to enjoy relatively cheap debt (with the lowest rates reserved for those with
excellent credit scores).
Assuming a $ 15,000 two - year loan,
borrowers will need to
have excellent credit, which is a FICO
score of 720 or above, and be eligible for at least two rate discounts.
Mortgage rates valid as of date / time and assume
borrower has excellent credit (including a
credit score of 740 or higher).
TD Bank requires
borrowers have good to
excellent credit, which is any FICO
score above 680.
Since CapWest is a prime lender, it requires
borrowers to
have good or
excellent credits in order to obtain a loan from CapWest (it's always a good idea to get your
credit scores from all three bureaus before applying for a mortgage so you know whether you can get the best loan rates or not).
Lending Club stands out as one of the best peer - to - peer lending websites for
borrowers who
have excellent credit scores.
Banks: Banks tend to require
borrowers to
have high
credit scores and
excellent credit histories.
Refinance rates valid as of and assume
borrower has excellent credit (including a
credit score of 740 or higher).
According to SF Gate, «most lenders consider
credit scores of 740 or higher to be in the «good» to «
excellent» range, so
borrowers seeking no doc loans should
have a
score at least that high.»
To
have a better shot at getting approved, we advise
borrowers to
have a good to
excellent credit score and history, a full - time job and a four - year college degree.
Borrowers will also need
excellent credit, although the site doesn't specify the minimum
score you'll need to
have.
Borrower Profile: Dave and his wife both
have excellent credit scores.
Mortgage rates valid as of date / time and assume
borrower has excellent credit (including a
credit score of 740 or higher).
People with
excellent credit scores are generally seen as the ideal
borrower because they
've proven over a long period of time with many different accounts that they can pay back their debt on time and in full.
Borrowers with
excellent credit scores, leftover cash in the bank, strong employment history and other compensating factors may
have the payment shock requirement waived, but this can vary based upon the lender.
Borrowers who don't
have excellent credit may feel burned by the rejection stamp (those who are fresh out of school without time to build up their
scores will be in that camp).
In the case of private loans,»
borrowers with bad
credit scores may
have monthly payments that are 20 % to 40 % higher and pay two - thirds to 100 % more interest over the lifetime of the loan as
borrowers with
excellent credit scores.»
Until now, high - ratio
borrowers with
excellent credit scores could
have their gross debt service ratios waived altogether.
Poor
credit: The
borrower may
have a heavy down payment or
excellent equity built - up in their house, but if their
credit score is under a certain threshold, obtaining a new loan or refinance from a traditional bank is challenging.