FHA Loan with 651 Credit Score
FHA loans only require that you have a 580 credit score, so with a 651 FICO, you can definitely meet the credit score requirements.
With a 651 credit score, you should also be offered a better interest rate than with a 580-619 FICO score.
Is a 651 credit score good or bad?
How to improve your 651 Credit Score. The average FICO® Score is 675, somewhat higher than your score of 651, which means you’ve got a great opportunity to improve. 70% of U.S. consumers’ FICO® Scores are higher than 651. What’s more, your score of 651 is very close to the Good credit score range of 670-739.
Is a credit score of 815 good?
A FICO® Score of 815 is well above the average credit score of 675. It’s nearly as good as credit scores can get, but you still may be able to improve it a bit. More importantly, your score is on the low end of the Exceptional range and fairly close to the Very Good credit score range (740-799).
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