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Loan Modification

: Mortgage Lender Implode-o-Meter

Credit score gaps narrow for FHA loans: Quality Mortgage Services

By Implode-Explode Heavy Industries

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"The mortgage quality-control services firm said its data show the average credit score of FHA loans ranked as excellent in 2006 was 665 whereas the average score of a loan ranked fair was 603 for a gap of 62 points. For FHA loans originated so far this year, the firm's data show excellent loans have average credit scores of 707 while fair loans average scores are 688 for a difference of 19 points."

Full post as published by Mortgage Lender Implode-o-Meter on September 07, 2010 (boomark / email).

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