What Score Do I Need For A Home Loan?Posted on January 13, 2010
A few years ago, a score of 620 or higher was good enough. That increased to 680 in early 2008. Then it jumped to 720 in April last year and 740 in August.
In the past, any score of 700 or higher would get a double thumbs-up from credit experts. Now, rate adjustments begin kicking in at 740, with every 20-point drop adding another adjustment.
What used to be a great score, is now only a good score.
If you need to get approved for a home loan and your credit score isn’t high enough, please give one of our credit experts a call. We have helped more than 20,000 people just like you repair and restore their credit score. Call 1-888-669-7372 to see what Trinity Credit Services can do for you!