Mortgage Best Rate

Posts Tagged ‘Improve Credit Score’

Over 30 million people in the U.S.A. have credit scores low enough (less than 620) to make shopping for low mortgage loan rates very difficult at best.

The major credit reporting agencies use a slightly different system to arrive at a credit score. The best known is called the FICO score, developed by Fair Isaac and Company (FICO).

A FICO credit score can range from 300 to 800. Most borrowers fall into the Read the rest of this entry »