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Guide to Credit Scores

FIGURURE YOUR CREDIT SCORE

This general guies will estimate your credit score grade

A General Guide to Credit Scores
Quality Level	Credit Score	Debt Ratio	Max LTV Ratio	History for Credit Type	Delinquencies:			Typical Additional Requirements
					# of times	# of days	within last
A+ to A-	750+ 660	28/38	To 95%	Mortgage	0	-	24 mo	Good/excellent credit during last 2 to 5 years. No bankruptcy within the last 2 to 10 years.
A+ to A-	750+ 660	28/38	To 95%	Installment/ Revolving	0 - 1 0 - 1	30 60	12 to 24 months
B+ to B-	620	50	75 - 85	Mortgage	2 - 3	30	12 mo	No 60-day mortgage lates. 24 - 48 mos since bankrupt discharge. Higher number of rolling lates may be allowed.
B+ to B-	620	50	75 - 85	Installment/ Revolving	2 - 4 0 - 2	30 30	12 mo 12 mo
C+ to C-	580	55	75	Mortgage	3 - 4 0 - 2	30 60	12 mo 12 mo	12 - 24 mos since bankrupt discharge. High "rolling" lates allowable.
C+ to C-	580	55	75	Installment/ Revolving	4 - 6 2 - 4	30 60	12 mo 12 mo
D+ to D-	550	60	65-70	Mortgage	2 - 6 1 - 2	60 60	12 mo 12 mo	Bankruptcy discharge within last 12 months. Judgements to be paid w/ loan proceeds. Not in foreclosure.
D+ to D-	550	60	65-70	Installment/ Revolving	Poor payment record with limited 90 day, isolated 120 day
E	520-	65	50 - 65	Mortgage	Poor payment record with a pattern of 30, 60, and 90+ lates			Possible current bankruptcy, foreclosure Stable current employment
E	520-	65	50 - 65	Installment/ Revolving	Poor payment record with a pattern of 30, 60, and 90+ lates