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FICO CREDIT SCORE GRADE AND FORECLOSURE RISK BY THE NUMBERS

Just something to think about...

Grade
AA = over 760
A = 720 - 759
B = 680 - 719
C = 640 - 679
D = 600 - 639
E = 560 - 599
F = 520 - 559

2% of the population have scores under 499
5% of the population has a 500 - 549 score
8% of the population has a 550 - 599 score
12% of the population has a 600 - 649 score
15% of the population has a 650 to 699 score
18% of the population has a 700 - 749 score
27% of the population has a 750 - 750 - 799 score
13% of the population has over 800 scores

FORECLOSURE RISK
1 in 588 for Standard Conforming Fixed
1 in 189 for Standard Conforming ARM
1 in 147 for FHA Fixed
1 in 101 for FHA ARM
1 in 244 for VA
1 in 77 for Subprime Fixed
1 in 31 for Subprime ARM

 
This post has been included in Minnesota Real Estate News
Post is included in group: Mortgages

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Joseph Metzler MLO MMS NMLS # 274132

, MN

More about me…

Mortgages Unlimited, Inc

Address: 33 Wentworth Ave E #290, Saint Paul, MN, 55118

Office Phone: (651) 552-3681

Email Me

Mortgage industry news and insights from a 15+ year industry expert. Mortgage are Real Estate News You Can Use. Joe is a Certified Minnesota Mortgage Specialist, who provides home mortgage loans not only in the Minneapolis, St Paul area, but all of Minnesota and Wisconsin.


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