Credit score different for mortgage
[DOC File]Credit scores explained - Plain Local School District
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For example, a mortgage broker will give more weight to different credit factors than a credit card issuer. Mortgages: By Freddie Mac standards, borrowers with FICO scores above 660 are likely to have an "acceptable" credit …
[DOC File]5 Factors that Decide Your Credit Score
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If you have only one mortgage, the review can take about two months. With a first and second mortgage with the same lender, the review can take about three months. With two or more mortgages with different …
[DOC File]Understanding Your Credit Score - CISCO Credit
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Types of Credit Experience (10%) A healthy mix of different types of credit, installment loans, retail accounts, credit cards, and mortgage. This score is not normally a key factor in determining your score but it can help a close score. Its not a good idea to try and open different …
[DOC File]Understanding Loan Underwriting
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Credit scores from 300 to 850, worst to best, are assigned to assess the probability of loan default. For example, a credit score of 670 is in the 30th percentile of all scores. Consumers with this score have …
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