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Sean Baynham, Home Buyer in Severn, MD

What is good credit score?

Asked by Sean Baynham, Severn, MD Tue May 12, 2009

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It kind of depends on what you are referring to. A 580 can usually get you a loan approved for FHA financing. A 620+ is very good and can get you approved with most lenders. However, for higher loan financing or if you need to obtain mortgage insurance, a score of 700+ is typically required.

If you would like to know your credit score, I can get you a credit report in about 15 seconds - no obligatin to obtain financing.

Luke Allison
Bank of America Home Loans
828-777-8828
luke.allison@bankofamerica.com
0 votes Thank Flag Link Tue May 12, 2009
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