This is a term someone entered into a search engine, like Google, who wound up on my blog. “Is 714 a Good Credit Score for Buying a House?” is a fair question. Just a couple years ago, having clients with credit scores 700 or higher was considered “excellent”. In fact, previously credit scores of 680 or higher were considered good. Now with conventional loans, we have several brackets based on credit scores and loan to value. Many lenders are adopting this with FHA loans too.
Helping Washington State homeowners learn more about their mortgage options.
About the Author
Rhonda Porter is a Licensed Mortgage Originator MLO121324 living in the greater Seattle area. Rhonda began her career in 1986 in the title and escrow industry and began her mortgage career in 2000. She enjoys helping people understand the mortgage process and started writing The Mortgage Porter in late 2006. Read More…
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