calibuck
Too soon old, too late smart
Does anyone care to help out with the explanation of the new credit scores? Prior to the mortgage banker implosion, credit scores were ranked up to 950 (I believe). Now, (again I believe), that they are topped out at 830. Is this correct? Or can someone from the Buckeye Nation help us out understanding all of this? Additionally, what is a 'top tier' credit score (which is eligible to receive the lowest rate).
Have been assured that I am 'top tier', but the number is waaaay lower than it was last year. OK, if they want to rebench the mark I am OK with that, but of course none of this is published anywhere that we 'great unwashed' can get hold of it and understand it.
Appreciate any and all input to help me (and others methinks) 'clear away the fog'. This would help us all who might be wanting to refinance our mortgages, purchase a new or vacation home, or otherwise take advantage of Obama's mortgage deal (after all, we taxpayers are paying for it, might as well see if we can benefit as well!).
Thanks in advance.
:gobucks3::gobucks4: And SCum still :scum4:
Have been assured that I am 'top tier', but the number is waaaay lower than it was last year. OK, if they want to rebench the mark I am OK with that, but of course none of this is published anywhere that we 'great unwashed' can get hold of it and understand it.
Appreciate any and all input to help me (and others methinks) 'clear away the fog'. This would help us all who might be wanting to refinance our mortgages, purchase a new or vacation home, or otherwise take advantage of Obama's mortgage deal (after all, we taxpayers are paying for it, might as well see if we can benefit as well!).
Thanks in advance.
:gobucks3::gobucks4: And SCum still :scum4: