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tech nikal

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2y ago

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Can you get a home depot project loan with a credit score of 620?

It is possible to get a Home Depot project loan with a credit score of 620. Home Depot will pull a credit report to determine eligibility of a credit loan.


What is the average credit score needed for a home loan?

The average credit score need to purchase a home is 620.


What does your credit score have to be to be considered a high risk loan?

Generally, anything under 620 is considered to be a high risk loan. For example, should you apply for an FHA home loan, your credit score has to be at least 620. Credit scores are considered a high risk loan when they reach 620 or lower. Once it reaches above 620, but below 650, it is still looked at as risky, but no longer as "high risk."


Can you get a va home loan with a 505 credit score?

No u need a min of 620


What is the lowest possible credit score you must have to obtain a bad credit loan?

In order to obtain a bad credit loan a person has to have a credit score is 620 anything below that would be considered high risk.


What interest rate will i get on an auto loan with a 620 credit score?

You will get the terrible rate of 4000%. Sorry


Can someone with a credit score of about 560 get a loan without a co signer?

No, most banks require atleast a 620 score to even consider you for a personal loan.


What credit rating number would a loan officer considered bad credit?

Credit scores range from 300 to 850. Generally a loan officer would consider a score below 620 to be a sub-prime, or bad score.


What the credit score fha score?

620


Can you get car loan with a 620 credit score?

Scores range from the low 400s to well past 800. The higher the score, the better the credit rating. Most lenders use a break of somewhere around 620 as the determining factor of a regular loan versus what is called a "sub prime" or higher-risk loan. Some lenders will not extend credit to people with under 620 credit scores and other lenders will offer those loans, but at a higher interest rate.


Where can you get a FHA home loan with poor credit?

You cannot get an FHA loan if your credit score is below 620, since it is backed by the government, they have very strict guidlines on the process. However, if you work with a mortgage lender that does FHA, often times they have "credit rescoring" prgrams that will tell you exactly what you need to do to get your score to the 620 that you need. Once you do what they need, they can do a rescore and it will raise you credit. Good luck!


Is the score 620 poor fair or good for 2013?

A 620 credit score hinges on poor.