Lenders are requiring higher and higher credit scores these days. These days, if your score is less than 720, you may be at risk for not qualifying or not getting the best rates.
When I started selling real estate nearly 15 years ago, a score in the high 600's or low 700's was adequate and last spring a score of 720 was the base. Now, it seems that lenders are looking for 730 to 740 FICO scores.
In Bad Score, Bad Score - What You Gonna Do? you can learn about my recent attempt at refinancing our home. Plus, you'll find tips for credit repair and links to help obtain your credit report.
It's actually not that hard or that time consuming to repair your credit, but you can't bury your head in the sand, you need to pay attention and be proactive.
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