Mortgage credit score ranges – what is the credit score range? Lenders make credit decisions on credit cards, mortgage loans, and other accounts based on fico credit score ranges thus grouping all of the people in one range as having a similar risk profile.
FICO credit score ranges are explained in this short video. It includes some great information about ranges of credit scores potentials for different loan types available.
There are 3 different mortgage credit scoring models, from 3 different reporting agencies.
Get more information about mortgage credit scores here:
Subscribe to our channel today:
Find Today’s Best Mortgage Rates based on your specific situation. It only takes 45 seconds.