What mortgage interest rate can i get with a 707 credit score?

That is a great question, however, more information would be needed to correctly answer. Term of loan , purchase or refinance, loan amount, etc.Mel Smith845-290-3319

Will depend on the program and down payment as well. Credit is just one piece to determining the interest rate you would be offered.

Much more info is needed to properly answer your question. Lenders price loans based on the MIDDLE score of ALL borrowers.. so without knowing what score to use, it's impossible to quote. What loan program are you going with.. FHA? VA? USDA? Conventional? Each program will have a different interest rate.. How much are you financing? Larger loan amounts have lower interest rates.. What is the loan to value, or how much are you putting down? Lower loan to value's get lower interest rates.. What type of property are you financing? SFH, MFH, Condo? each one will have a different interest rate... I could go on and on, but i'm sure by now you get it.. much more info is required to answer that question... Also, because of legal reason, most competent loan officers would never quote an interest rate based on an online blog post.. and anyone who does is probably someone you should avoid using.. you would be setting yourself up for disappointment.. For this reason, I suggest you contact a LOCAL mortgage broker and apply with them. Once they see your complete loan profile, they will be better equipped to advise you properly. Also, by applying with your LOCAL Broker, you have an advantage because he's familiar with local customs and works with many lenders with each one offering a different type of lending program. This is unlike the local bank which typically only has a few lending programs. The more lenders, the more lending options, and the more likely your scenario will be accepted.. Plus, the broker is experienced in seeking out the best loan terms for your particular scenario, and he has lower overhead which typically results in lower rates and fees than most of the larger lenders.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com NMLS# 226347

There is a lot that goes into determining a rate besides credit score. Typically for a conforming loan you are in the 3rd tier from the top out of about 8 tiers. So that part is great. But if you are doing FHA then the credit score is not as important as it is for a conforming Fannie or Freddie loan. Next the loan to value or amount you put down on a purchase or the equity in your home is the next step. Then the type of property and the rest of the terms of the loan such as 30 year fixed or 15 year fixed. Also the state you live in can make a difference on the rate as well Definitely contact a lender out of CA to help you determine what your options are.

Jerome,You received good answers as much goes into determining the rate you will receive. On one hand you may qualify, with the best mid fico score , the best loan to value, and meet all other criteria and get the best median rate for a 30 yr fixed on this particular day and receive of about 4.0% rate, 4.059% APR. On one hand you may have one of the best priced ones and get 3.875%,3.94% APR such as our mortgage bank. then you have a number of lenders at4.125%, 4.225% APR.Advertising of rates is what it is...advertising to get people to call and often haslittle accuracy with the rate anyone contacting them actually ends up with! Itis not as though it is not available at least on some past day...but it may beunattainable for 99% of people or an adjustable loan with a short term fixed rate.