Posted on: 29th Apr, 2007 07:44 am
I hAVE 783 EXPERIAN SCORE ISTHAT A GOOD ENOUGHT SCORE TO BE CONSIDERED FOR LOAN HOME EQUITTY LINE.
Hi Morris,
Welcome to the forums.
That is indeed a good score and likely to help you get qualified for a home equity line of credit. But there are other factors to be considered by the lender here. The lender will consider your financial situation and debt-to-income ratio as well. By the way, do you have scores from the other agencies also?
Sara
Welcome to the forums.
That is indeed a good score and likely to help you get qualified for a home equity line of credit. But there are other factors to be considered by the lender here. The lender will consider your financial situation and debt-to-income ratio as well. By the way, do you have scores from the other agencies also?
Sara
As experian is 783, the other 2 scores must also be quite good, well done Morris. 770+ are good scores and can get you best mortgage rates if other points sara mentioned are also good.
Rigger
Rigger
Hi,
Sara is absolutely right. 783 is a good score to get a loan. Search for good lender and check the rate of interest they are providing and the down payment you need to pay, if you are ok with that then you can apply for it.
Sara is absolutely right. 783 is a good score to get a loan. Search for good lender and check the rate of interest they are providing and the down payment you need to pay, if you are ok with that then you can apply for it.