Sentences with phrase «higher middle credit score»

Not exact matches

But if your cosigner has a low or middling credit score, you may get stuck with a higher interest rate on your loans.

An average credit score means you are ranked in the middle, with the same number of people having a score that is both higher and lower than yours.

In mortgages, some lenders explicitly take the «middle score» of each application (take 3 credit scores, toss highest and lowest), and then take the lowest score of the two applicants - and that's the one they use.

I can not tell you how many times someone has said «I have excellent credit,» (which is a 740 middle credit score or higher), so I quote them based on that score, only to actually review their credit the next day to find out their score is a 700.

Realistically, you need to have a middle credit score of 620 or higher.

This is basically looked at as having a middle credit score of 620 or higher.

Have a middle credit score of at least 640 for a loan, but requirement can be higher depending on underlaying loan type (FHA, VA, USDA, Conventional)

There's one other credit score factor that's probably more important to high income earners than it is to middle - and lower - income earners.

Lincoln's income is one of the lowest on this list and its credit score is in the middle of the pack, but it's one of only three cities (Cambridge and Alexandria being the other two) to have a relative median income higher than its relative cost of living as compared to national averages.

Middle credit score of 620 or higher.

They'll throw out the low one and the high one and they keep the middle one or they'll just use FICO which distills all your credit information into a different score.

If you have low - to - middling credit scores, a high loan - to - value ratio, and / or other monkey wrenches like a manufactured home or condo, HARP may be better than traditional financing — there is a 2 % cap on fees, while normal refinances can have much higher surcharges depending on the strength of your application.

She's in the middle of a yearlong trip with her husband, Jeremy, who had bad credit when they met, but has built his score to the high 600s.

But, he said, «I will not likely make a loan that doesn't adhere to the (Qualified Mortgage rule) for people who have a modest down payment, have not a lot of assets, have a higher debt - to - income or maybe a middling - to - poor credit score.»

This can make it possible for lower - and middle - income borrowers to buy a house when they don't qualify for a conventional loan — which has stricter requirements, including a higher credit score and bigger downpayment.