The Complete FICO Score Range Breakdown
You're in the top tier. Lenders offer their best rates and terms. Access to premium credit cards, best mortgage rates, and highest credit limits.
- Best mortgage rates (often 0.5–1% lower than average)
- Premium rewards credit cards
- Highest credit limits
- Same-day approvals on most applications
You qualify for nearly everything at excellent terms. Minor rate differences from Exceptional tier.
- Near-best mortgage rates
- Most premium credit cards
- Auto loans at best rates
- High approval odds for any application
You qualify for most standard credit products at reasonable rates. Some premium cards and the best rates may be just out of reach.
- Standard mortgage approval
- Most credit cards (not all premium)
- Auto loans at competitive rates
- Personal loans at moderate rates
You can get credit, but rates will be higher and some products may not be available.
- FHA mortgages (580+)
- Secured and basic credit cards
- Higher-rate auto and personal loans
- Some subprime products
Credit access is very limited. Most unsecured products are unavailable. Focus on rebuilding.
- Secured credit cards only
- Very high-rate personal loans
- Co-signer may be required
- Many applications will be denied
The Financial Impact of Score Tiers
Moving between credit score tiers has real dollar impact. Here's how different scores affect a 30-year $400,000 mortgage:
| FICO Score | Est. Rate | Monthly Payment | Total Interest | vs. Best Rate |
|---|---|---|---|---|
| 760–850 | ~6.5% | $2,528 | $510,000 | Baseline |
| 700–759 | ~6.75% | $2,595 | $534,200 | +$24,200 more |
| 680–699 | ~6.9% | $2,640 | $550,400 | +$40,400 more |
| 660–679 | ~7.1% | $2,694 | $570,000 | +$60,000 more |
| 640–659 | ~7.5% | $2,797 | $607,000 | +$97,000 more |
Closing the Gap
Frequently Asked Questions
What credit score do you need to buy a house?
Most conventional loans require 620+, but the best mortgage rates are typically reserved for borrowers with 740+. FHA loans are available at 580+ with a larger down payment.
What score is needed for 0% APR financing?
Promotional 0% APR offers on credit cards and auto financing typically require 720+ and often 750+ for the best promotions.
Is 700 a good credit score?
Yes. A 700 score falls in the 'Good' range and qualifies you for most credit products. However, moving from 700 to 740+ can noticeably improve the rates you're offered.
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