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Articles tagged with: 640 Credit Score

Credit Repair »

[21 Aug 2019 | No Comment | 2,601 views]
Does Your Credit Score Need a Tweak? Here’s How!

A credit score is either a blessing or a curse cast down upon you from the digital cloud. A score of 740 qualifies you for the best interest rate on a conventional mortgage. A score under 640 means ugly interest, and a number under 620 makes it very hard to get a mortgage at all.

Fico Scores »

[18 Oct 2014 | No Comment | 2,663 views]
Wells Fargo Lowers Credit Score Requirements for FHA Loans

A move by Wells Fargo Bank to lower the bar for certain government-backed mortgages is stirring hopes of home-ownership among people with credit scores battered by the recession. The San Francisco-based bank, which is the country’s biggest mortgage lender, said recently that it would begin accepting scores of 600, down from 640, for FHA and VA loans, which require as little as a 3.5 percent down payment.