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Mortgage Terms: A Credit Definition

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Mortgage Terms: A Credit Definition

A Credit

Definition

A consumer with the best credit rating, deserving of the lowest prices that lenders offer.

Most lenders require a FICO score above 720.

There is seldom any payoff for being above the A-credit threshold, but you pay a penalty for being below it.

Related Terms

Other terms related to 'A Credit' starting with the letter 'A'

Accrued interest, Approval, Application, Alternative documentation, Amortization schedule

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