How much does a credit score of 760 vs 790 make a difference in a mortgage interest rate? I’m buying a house soon-ish when for inexplicable reasons my score dropped 30 points. 🤨 Follow up qn (tbc)

like
Posting as :
works at
You are currently posting as works at

I think 750+ still puts you top tier for most applications

like

It's not a major difference 760+ sees the same rates as those at 800 even. There's a threshold where a higher score is simply for bragging rights

like

There are people that try for a perfect score for bragging rights, look it up

A 30 point swing isn’t huge, but it could move you between different tiers that they have. So it really depends on the/their scale

like

Those scores should both put you in the very good category, so shouldn’t make much of a difference.

like

Agree anything above 750 won't make much of a difference. They will then look at credit history more closely for overall credit worthiness.

like

I had the same and 1 month after I had my Credit Score having +30

like

I would make sure you don’t open up any new credit cards, miss payments or take on any new debt in the meantime though so your score doesn’t take any other hits.

helpful

Thanks for this reminder!

825 baby!! Interest rates set to fall though also soon!

like

Fwiw I just got approved for a mortgage (local lender) and our lender told us their cutoff for excellent credit was 760

like

Good to know! I better not drop a single point further 😂

The only thing I can think of is a missed <$100 doctors bill that simply slipped my mind and went into collections (I moved cities and all that recently, and missed the letter). If I have just paid this, how soon does your credit score go up again?

I don’t have much experience with credit scores / bad credit so appreciate you guys’ insights. Thanks!

Thanks, that’s useful to know!

Thanks so much guys! Looks like it wouldn’t make a difference, which is what I was hoping to hear.

Piggy backing on this post, I have a weird problem (came to US 2 years back only). My FICO rating is 790, Equifax is 760, and Transunion is 654. Which one is the correct rating?

Related Posts

Think this consolidation period is going to end in the near term, primarily driven by:

1. Microstrategy “open sourcing” their playbook for purchasing BTC as public company

2. Coinbase to offer staking for ETH in Q1 ‘21 - think how much will get locked up.

3. GME / stonks fallout - retail may moreso see the benefits of decentralization and crypto. Yes Coinbase is CEX to get you onboard, but DEX can’t be turned off.

like

Looking to buy a property mid-2021 and need advice on what to do with my savings that I’m building to purchase the property. More info in the comments

like

This is an emotional dump rn. It may be lack of social interaction but I'm really frustrated lately. I feel like I lost last 2.5 years of my life with ongoing lockdowns and job instability in the first half of the pandemic. I was 28 turing 31. I get good dates but -ve self talk
Inflation is high & coming from a low income family where you're supposed to help your parents is driving me nuts. Although I make a good salary, after rent, car insurance, there isn't much left (unfav currency exchange)

like

I have a total taxable income of 1978050 for. Which I need to pay 330915 as a tax as per new regime.
I don't have any investment and also as working from home living in my home town so no rented house.
Please help me to save some tax
TIA

like

Can I do 1031 exchange with the profits from the sale of a second home into the purchase of a primary?

funny

Hi i lost majority of my money in the stock market. I married and promised my family that I will not make the mistake I made 7 years ago. Gambling. Is this an addiction I have. I keep selling stocks and taking loses buying other stock hoping it will recover but never did and sell again taking loses and buy again. It now sink in to me. I borrow personal loan hoping that the market will do k and I pay it back but I even lost that. I can't stop crying that I hurt the one I love the most my family.

like

Investment advice for a junior associate (with minimal research or effort). Young with minimal expenses, so open to any and all suggestions.

like

For those who use property management companies to manage your rental properties, what are the services that you really value and will switch out to a different one if not getting such services?

Has anyone tried to sell miles or points through one a site. I have a family member looking to do it and I had never looked into. Any experiences? Pros cons

like

What would not having a second stimulus mean for stocks 6-12 months from now? I’m assuming it hurts stocks but increases the value of USD?

like

Any cheap AI stock I should consider buying? Any suggestions?

like

Hi, I am new to investing, i am looking for mutual funds where i can have a long term investment. I and ready to invest 10k per month in SIP's split accross multiple funds. Can someone provide me suggestions

Which is your stock pick this week?
Serious answers only!

like

Advice and tips for a first time rental property investor?

I am 24 saving up for my first property to purchase at the end of 2021 / early 2022 in the Long Island, NY area.

I’d like to save up around $50K in my HYSA for a property <$400K in LI. Does this sound reasonable?

Does anyone have any advice on investing in the LI area (best location, SFH v MFH) or just general first time rental property buying advice?

Thanks all

like
like

Currently have chase sapphire but thinking of switching to Reserve. Should I?
Wife will also be authorized user, we do travel and will use this card for all our purchases

like

Hi y’all! I’m a financial educator and my job is to help families in need of financial education! I help anyone on learning how money works here in the US & how to get rid of debt! I offer financial products that help you protect and grow your money. I’d love to help you out in reaching your personal financial needs!
I’m also always looking for people to hire!

like

OMNY card or MTA card? MTA card for me, it’s so thin that my wallet does not get bulky

like

It means ICOs are no longer open to anyone. You have to be a certified investor with the SEC. This is why Filecoin is conducting their ICO with CoinList instead of on their own. CoinList ensures their ICO is only open to certified Wall Street investors and makes sure FileCoin's ICO is treated as a normal IPO.

Granted please correct me because IPO investing is something I don't know a ton about.

like

What causes a coin to suddenly spike 100%+ in value in a matter of hours? I mean how does demand collectively sky rocket - seems unlikely that so many people would have a coordinated buy?

More Posts

Hey I am working for a start up company that aims to train people to become a tech sale and get blind referral. I am now struggled to source target users, and I really appreciate if someone could offer some advice please! Thank you!

like

What are some of the best online resources to learn Power BI?

like

I have received offer from Shell and SAP labs is in final stage salary discussion. Shell is offering 6 lacs more than @SAP labs. I have tried to negotiate a lot from SAP but they are not ready. They are putting conditions like give your full commitment to join then only we'll release offer letter. I am currently looking for work life balance with growth. Should I join @SAP considering its a Product based and good WLB and learning? Teck Stack - Java/Micro-services/cloud YOE - 11yrs

likehelpful

Do we have anyone working for Mercedes client from IBM? Looks like there are multiple sub-projects for Whitefield Bangalore location. Wanted to know which one is better? IBM IBM Consulting IBM iX
Any insights on this?

like

Difference in working in house for an insurance company vs for a firm?

like

Those who recently joined ARA how was the transition? Any advise on what I can look/research on now to help on my first couple of assignments?

like

Which is the best consultancy or agents for Canada PR ?

like

Hi all,

I joined
KPMG India 3 months ago. Since then, I am on bench.
Can someone suggest me, whom can I reach out to for work (except Reporting Manager)

Any guidance will be helpful.

Thanks!

like

I know it comes with the job but the non-stop LinkedIn Messages are starting to get old. The legit requests are one thing but I get dozens of solicitations which week...

like

what is the pay range for role - manager 1 assurance at pwc sdc kolkata?i have 6.5 yoe and joined at 21lpa + 10% vp, four months back. managers from other big 4 start around 28lpa. does sdc kolkata pay m1 this much only or have they underpaid me? i am considering dropping paper and looking out again.

like

I have been working as a product support engineer in Bangalore for the last 2 years, I'm getting 6lk per annum and searching for a job with a decent salary,over all YOE 10 please suggest to me if there any openings in your circle.

Thanks

like
like

How is Marsh & McLennan regarded in the MEA?

like

I’ve been daydreaming of a community loom in the school or classroom. Has anyone done this or have any tips? I’m wondering if people will want to participate or take the materials and “redecorate””.

like

"There's no whining in baseball!", said very seriously and earnestly ..... to the office dog.

likefunny

How is the 2nd technical round in @nasdaq ? What types of questions we can be expected in this round for a 8 yrs experience candidate?
#java #spring #priority1 #helpme

like

How long of a layover recommended for transfer in Singapore (Frankfurt to Bangkok)?

Is anyone familiar with Wharton Group in Florida? Is this a scam?

Is the Mt Vernon Square/Triangle a (relatively) safe area? Specifically for walking around at night from judiciary square up to L street? Thanks!

like

Additional Posts in Consulting

Thought I'd have time at LGA to get some work done. Been in Uber for about 90 minutes since leaving office. Want to kill myself. What's the deal?!?!

like

Best consulting firms to target for Supply Chain & Operations Strategy apart from MBB after graduating from MIT SCM

like

Have the Big 4 raised their initial post-MBA salaries to somewhat match the recent MBB offer changes?

like

Top consulting firms for building mobile apps - IOS or Android?

like

Good or bad time to head out on parental leave?

like

If counselor doesn't have to present you at year end does that mean your destined for a 3?

like

Does anyone know where I can go for a short period of time to get a business work setup? Two monitors + keyboard + mouse and good WiFi? I have a timed case study coming up and would ideally go into the office to do it but it is closed and i don’t have a good wfh setup.

like

If you’re the person that stole my dual iPhone charger from the D conference room, you’re dead to me. 💀 💀 💀

like

Help me 🐠Thinking of buying a home. With all that is happening politically wondering if the current govt will create an unstable economy and dip real estate prices. Should I wait a year or 2?

like

Anyone else get a little claustrophobic when the window seat doesn't actually have a window?

like

Plural tutoring session anyone? Looking to do as a weekend job. Current target OPs are "Has there been layoffs" and "What's your thoughts" but happy to expand.

like

Is it recommended to get two full years of consulting experience before looking for a move elsewhere...for more comp (say to another Big 4, industry, attempt at MBB or FAANG)? Already have 8 yoe in the DoD space outside of consulting. And about 16 months of consulting exp

like

Any Bostonians trying to hit the town tonight?

like

Anyone heard of NTT Data? It's the tech consulting arm of NTT group.

like

What essential courses or books do you recommend for coming up to speed on Product Management?

like

Best consulting firms to work for in Hartford CT area?

like

This place is under new management...by order of the PEAKY fooking BLINDERS

like

Utilization director told me today that the layoffs won't affect me. My heart goes out to everyone that had to hear otherwise. Here's to hoping y'all find something better and prosper.

like

Books to learn more about how to drive sales in consulting? Any recommendations?

likehelpful

Every hour I'm asked to stay past 5 is another hour I'm working less tomorrow. GFY shitty manager.

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal