My wife and I just refinanced our house. It took me years to talk her into going from a 30 yr to 15 yr loan. We finally did it and got it at 5%. The credit union did the credit score thing on us and told us that we scored very well. They didn't show us a chart, but they did tell us our number. Can somebody post a chart or a link to a chart? I would like to see were we actually are on a chart.

I would think if you paid for the credit rating report, you'll entitled to it.

A score of 800 or above, to a max of 850(?), is excellent, you can buy most anything on credit.

Apparently, your team must have a very good score in order to receive a 5% 15-yr rate, (pat on the back).

You might go to www.freecreditreport.com and see what they have to offer. I don't know of others, unless you want to purchase antoer, they are the big 3 of credit reports: Equinfax, Transfax, & ?..........it eludes me for the moment.

Click the link below http://www.myfico.com/Downloads/Files/myFICO_UYFS_Booklet.pdf , scroll to page 9 which contains a Nationa Distribution of FICO scores. The entire document is worth reading as it gives you a pretty thorough understanding of how the FICO scoring is calculated.

Top FICO score is 850. 730 and above is about the norm. Below 650, no credit or higher credit rates. Congrats on the new 15 year loan. I've been doing it the past 15 years. Less interest paid, builds equity faster, and if you manage to make one extra payment a year, you can cut that 15 years to 12.

Actually a score over 700 is considered excellent. Usually a score of 680 will qualify you for most good programs. Some Loan programs will give a discount premium credit of .25 in fee, based on loan amount , to the borrower with a strong credit score. This incentive usually starts at a score of 700 , but many programs have moved that minimum score to 720 and some kick in at 740.

Also..lenders use your middle credit score. There are three major credit reporting bureau's. Equifax, Trans Union and Experian. Each will give you a credit score and the lender will use the middle score for qualifing.

This may be different for consumer loans. I am strictly refering to Mortgages

credit work's in funny way's , before I filed bankruptcy I had a high credit score of 700 and could not get a loan at a bank or buy a car or anything ??
they said that it was my deat to income ratio , now after I filed bankruptcy it seem's like I get ten credit card offer's per day I got approved in ten miutes for a 05 mustang and have several companies that want to refinance my home ??? the thing is now I have a bad credit score but don't owe much ?? credit is something that is hard for me to understand ,

Once you go bankrupt, you can't go bankrupt again for several years, so because of that you are considered a lower risk then before.

BTW---Here's a chart I found on the score...

http://www.junod.net/images/experian.gif