Home arrow Mortgage Forums arrow Loan Talk for First Time Home Buyers arrow

What is the highest credit score and how to achieve it?

Author Message
Icon Mini Profile catharin9





Joined: 14 Jul 2009

Posts: 168

-0.14 Dollars($)
Post Posted: Wed Sep 16, 2009 1:35 am    Post subject: What is the highest credit score and how to achieve it?
Like 0
Dislike 0

What is the highest credit score and how to achieve it?
Icon Mini Profile archie14p





Joined: 16 Aug 2009

Posts: 66

0.29 Dollars($)
Post Posted: Wed Sep 16, 2009 2:46 am    Post subject:
Like 0
Dislike 0

850 is the highest credit score. Its very very difficult to achieve. basically hightest score start from 720. A borrower could be qualify for lowest interest if he his score is in between 720 t0 850



[System detected duplicate content; converted into image. Thanks.]
Icon Mini Profile pettybob1





Joined: 07 Sep 2009

Posts: 37

0.24 Dollars($)
Post Posted: Wed Sep 16, 2009 5:46 am    Post subject:
Like 0
Dislike 0



[System detected duplicate content; converted into image. Thanks.]
Icon Mini Profile kim090807





Joined: 20 Sep 2009

Posts: 55

-0.01 Dollars($)
Post Posted: Mon Sep 21, 2009 12:45 am    Post subject:
Like 0
Dislike 0

850 is higest credit score.

It will achieved by following things-

1) Pay regular bills.
2) Long credit history.
3) Low balance limit ratio.
4) Credit cards.
5) Ontime payment.
6) No foreclosure.
7) No bankruptcy.
Icon Mini Profile marklavender1





Joined: 13 Sep 2009

Posts: 120

-0.14 Dollars($)
Post Posted: Thu Sep 24, 2009 12:06 am    Post subject:
Like 0
Dislike 0

The highest scores range in the area of 720-850. This range is considered to be excellent credit.
Icon Mini Profile annyb27





Joined: 07 Jul 2009

Posts: 144

-1.08 Dollars($)
Post Posted: Sun Sep 27, 2009 12:26 pm    Post subject:
Like 0
Dislike 0

Highest credit score is 850.
Icon Mini Profile eric1
eric1
Community Expert
Community Expert

best lender badge

Joined: 04 Jan 2009

Posts: 1511

226.89 Dollars($)
Post Posted: Thu Oct 01, 2009 10:04 am    Post subject:
Like 0
Dislike 0

Wow thanks...I refuse to be the 8th person to confirm that 850 is the highest score.

What I WILL say is that as some point, increasing your score will add little additional value. Meaning.....830 will not get you places that 780 cannot. So, if you already have a score that is in the 780 range, then you should probably focus on something else such as your investment portfolio.

_________________
Eric JFree Rate Quote, Stated Income Loans
FHA RATE QUOTE
Mortgage Rate Quote
Icon Mini Profile stevecomish





Joined: 16 Sep 2009

Posts: 48

0.08 Dollars($)
Post Posted: Thu Oct 01, 2009 10:12 am    Post subject:
Like 0
Dislike 0

you are right eric.

Credit score is just a reflection of your financial health.

what really matters is a well balanced & diversified investment portfolio
Quick Reply
Your Name
Subject
Image Verification


Can't read the image? click here to refresh
Message body

All times are GMT - 7 Hours
Page 1 of 1

 
Highlights
Bookmark this page
Share |

Helpful References
Mortgage Guide
Mortgage Terms
Mortgage News
Book Center
Shop and Compare lenders
30 Yr. Fixed Vs. 5/1 ARM


Calculators     [View all]
Are you eligible for loan?
How much you can afford?
Calculate monthly payment
Calculate APR


Financial Tools
Credit Repair Tool New
Mortgage Planner
Simple Budgeting Tool


Our Community
MortgageFit Blog
Community Professionals
Community Rewards
Introduce yourself
Website tools


Community Rewards
Five simple ways to earn money with the Mortgage Community.

MortgageFit on Twitter

Followers (265)








Community Chat

We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0
Page loaded in 21.101 seconds.