Sentences with phrase «whose average credit score»

The other age group whose average credit score skews lower are those below the age of 30.

Not exact matches

This is a good option for low - income individuals whose credit score is still within the average range — there's no annual fee and if you already shop at Walmart for your staples, the rewards programs is an incentive for you to continue.

This partial FICO scoring model shows that a consumer with no revolving trades or an average balance of $ 0 in their Outstanding Debt category (i.e. 0 % credit utilization) receives fewer points than a consumer whose average balance is between $ 1 and $ 99.

But successful applicants buying a home with VA financing had an average credit score of 708 during January, according to Ellie Mae, a California - based mortgage technology firm whose software is used by many lenders.

It's not uncommon for first - time home buyers, whose credit scores are often lower - than - average, to get an FHA mortgage rate quote more than 100 basis points (1.00 %) below a comparable conventional rate.

A «prime residential mortgage», according to the Federal Reserve, is a mortgage for a borrower whose credit scores are 740 or higher; whose debt - to - income ratios are lower than average; and, whose mortgage features the standard amortization schedule common to a fixed - rate or an adjustable - rate mortgage.