| | | | | | | | |
| 740 and above: | This should qualify you for the best rate and terms available |
| 720-739: | You are near the top and will get favorable rate and terms |
| 700-719: | Excellent score. You are regarded as a very desirable borrower |
| 680-699: | Good credit but expect to settle for something other than the best rate |
| 660-679: | O.K. credit. Don't look for other exceptions |
| 640-659: | Borderline. Could be O.K. if everything else is strong |
| 620-639: | Weak. The rest of your file must be perfect to qualify |
| 600-619: | Doesn't look good. Needs a special program |
| Below 600: | Sorry, no loan this time! |