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fico score

FICO Scores and Your Mortgage: How to Bump Your FICO Score to Secure a Better Mortgage Rate

September 8, 2021 by bobelliot

Is your credit score holding you back from getting the best rate on your next mortgage? The good news is that there are actions that you can take to increase your credit score and improve the interest rate offered on your next home loan. Here are a few easy and Read More

Posted in Home Buying Tagged credit, fico score, home loan, mortgage

What Credit Score Do You Need for a Mortgage?

March 23, 2021 by bobelliot

According to data from the most recent Origination Insight Report by Ellie Mae, the average FICO® score on closed loans reached 753 in February. As lending standards have tightened recently, many are concerned over whether or not their credit score is strong enough to qualify for a mortgage. While stricter lending standards could be a challenge for Read More

Posted in Home Buying Tagged fico score, mortgage

Contact Us

Bob Elliot
eXp Realty
612.868.5500
bob@mnresteam.com
7700 France Ave S, Edina, MN
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