Your FICO® Score falls within a range, from 740 to 799, that may be considered Very Good. A 740 FICO® Score is above the average credit score. Borrowers with scores in the Very Good range typically qualify for lenders' better interest rates and product offers.
The higher your credit score, the lower the interest rate you'll be offered when you apply for a car loan. Credit scores range from 300 to 850, and, while you may see different scales used to describe credit scores, generally the scores are ranked as follows: 800 to 850 = exceptional. 740 to 799 = very good.
Jumbo loan: 700
Because lending that much money is inherently risky, lenders look for potential home buyers to have solid financials, including a strong credit score. With a FICO score of 740 or higher, you're likely to get the best jumbo mortgage rates.
A FICO Score between 740 and 850 is generally considered to be in the very good to excellent credit score range to buy a home. If your score falls below this level, however, you may still be eligible for some mortgage opportunities in the financial marketplace.
Generally speaking, a credit score is a three-digit number ranging from 300 to 850. ... Although ranges vary depending on the credit scoring model, generally credit scores from 580 to 669 are considered fair; 670 to 739 are considered good; 740 to 799 are considered very good; and 800 and up are considered excellent.
A 750 credit score is Very Good, but it can be even better. If you can elevate your score into the Exceptional range (800-850), you could become eligible for the very best lending terms, including the lowest interest rates and fees, and the most enticing credit-card rewards programs.
Your score falls within the range of scores, from 740 to 799, that is considered Very Good. A 760 FICO® Score is above the average credit score. Consumers in this range may qualify for better interest rates from lenders. 25% of all consumers have FICO® Scores in the Very Good range.
In fact, according to Credit Karma, the average credit score for 18-24 year-olds is 630 and the average credit score for 25-30 year-olds is 628. ... A “good” credit score based on FICO's criteria is 670-739, a “very good” score is 740-799 and an “exceptional” score is 800-850.
With fixed-rate conventional loans: If you have a credit score of 720 or higher and a down payment of 25% or more, you don't need any cash reserves and your DTI ratio can be as high as 45%; but if your credit score is 620 to 639 and you have a down payment of 5% to 25%, you would need to have at least two months of ...
A FICO® Score of 730 falls within a span of scores, from 670 to 739, that are categorized as Good. ... 21% of U.S. consumers' FICO® Scores are in the Good range. Approximately 9% of consumers with Good FICO® Scores are likely to become seriously delinquent in the future.
In Canada, according to Equifax, a good credit score is usually between 660 to 724. If your credit score is between 725 to 759 it's likely to be considered very good. A credit score of 760 and above is generally considered to be an excellent credit score. ... The higher your score, the better your credit rating.
You can get a personal loan with a 740 credit score. The best lenders to get a personal loan from with a credit score of 740 are SoFi , LightStream and Barclays because they offer the most competitive APRs and fees.
Your 850 FICO® Score is nearly perfect and will be seen as a sign of near-flawless credit management. ... An Exceptional credit score can mean opportunities to refinance older loans at more attractive interest, and excellent odds of approval for premium credit cards, auto loans and mortgages.
A 720 FICO® Score is Good, but by raising your score into the Very Good range, you could qualify for lower interest rates and better borrowing terms. A great way to get started is to get your free credit report from Experian and check your credit score to find out the specific factors that impact your score the most.
Very good: 740 to 799.
FICO® Scores in the 740 to 799 range are deemed very good. Individuals with scores in this range may qualify for better interest rates from lenders.
A 750 credit score could qualify you for a $200,000 30-year mortgage, at a rate of 3.625%. That translates to a monthly payment of $912. With a credit score of 625 however, your rate would be 4.125% for a mortgage of the same size and term. This would result in a monthly payment of $969.
A 790 credit score is Very Good, but it can be even better. If you can elevate your score into the Exceptional range (800-850), you could become eligible for the very best lending terms, including the lowest interest rates and fees, and the most enticing credit-card rewards programs.
Your FICO® Score falls within a range, from 740 to 799, that may be considered Very Good. A 759 FICO® Score is above the average credit score. Borrowers with scores in the Very Good range typically qualify for lenders' better interest rates and product offers.
A good score with TransUnion and VantageScore® 3.0 is between 720 and 780. As your score climbs through and above this range, you can benefit from the increased freedom and flexibility healthy credit brings. Some people want to achieve a score of 850, the highest credit score possible.
Your score falls within the range of scores, from 740 to 799, that is considered Very Good. A 770 FICO® Score is above the average credit score. Consumers in this range may qualify for better interest rates from lenders. 25% of all consumers have FICO® Scores in the Very Good range.
A 729 FICO® Score is Good, but by raising your score into the Very Good range, you could qualify for lower interest rates and better borrowing terms. A great way to get started is to get your free credit report from Experian and check your credit score to find out the specific factors that impact your score the most.
According to FICO® credit bureau data, the best credit score to buy a house is 760 and higher, which tends to unlock the best mortgage rate. However, to qualify for a home loan, you'll need at least the minimum credit score to buy a house, which ranges from about 500 – 680, depending on the mortgage program.
A 735 credit score is considered a good credit score by many lenders. “Good” score range identified based on 2021 Credit Karma data. With good credit scores, you might be more likely to qualify for mortgages and auto loans with lower interest rates and better terms.