credit score mortgage rates
How lenders use credit score thresholds to set mortgage rates and how buyers with moderate scores (650-720) can unlock significant savings - problem-solution
Lenders set mortgage rates by assigning credit score thresholds; moving from a score of 700 to 730 can lower a $300,000 loan’s daily cost by about four cents. In practice, those thresholds act like a thermostat for risk, nudging rates up or down as borrowers cross predefined score