Data and document validation is more critical today than itâs ever been. Scrutiny by Fannie Mae and Freddie Mac is increasing as quality control timelines are shifting to earlier after loan purchase, reviews are becoming more comprehensive, and targeted sampling of loans based on risk attributes is expanding.
Credit Education Â» Credit Score Basics Â» What is a Good Credit Score. For a score with a range between 300-850, a credit score of 700 or above is generally considered good. A score of 800 or above on the same range is considered to be excellent. Most credit scores fall between 600 and 750.
Credit scores range from 300 to 850, and although any score over 700 is considered good by many lending standards, an 800 credit score says a lot about the way you manage credit â you pay your bills on time, you probably don't have a lot of debt, and you're kind of a boss. And there's no denying the perks and privileges of a superb credit rating.