Improve credit score before applying for a mortgage - 2004-01-15
Q: What is regarded as a subprime credit score? And what kind of interest rates can I get with, say, a 650 credit score?
A: Right now, you're on the border between a great rate (typically 650 to 680 and up) and a sub-prime loan. Some lenders will throw you a bone and give you A- status, while others will consider you sub-prime.
You might also try a lender that keeps their mortgages in-house as investments. This is also known as a portfolio lender.
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