https://ficoforums.myfico.com/t5/Mortgage-Loans/Fico-Score-for-Mortage/m-p/126428#M5857 <DIV>For FHA you can have no score (so your 603 would be OK) as FHA is credit history sensitive and not credit score sensitive.&nbsp;&nbsp;But if you are going for a conventional loan it'd be optimal if it was at a 680 level since you have less than 30% down.&nbsp; A 680 score isn't required, however Fannie Mae &amp; Freddie Mac put a guideline in place so if your score is less than a 680 and loan-to-value is over 70%, there will rate adjustments that aren't there if your score is 680+ or if you are putting 30% or more down.</DIV> Fri, 04 Jan 2008 22:51:47 GMT ShanetheMortgageMan 2008-01-04T22:51:47Z https://ficoforums.myfico.com/t5/Mortgage-Loans/Fico-Score-for-Mortage/m-p/126326#M5849 <DIV>I was wondering what a good&nbsp;"Descent score"&nbsp;is for a mortgage that is $180,000.00 with a&nbsp;&nbsp;5% down payment.</DIV><DIV>&nbsp;</DIV><DIV>What should my avergae scores be?</DIV><DIV>&nbsp;</DIV><DIV>Thanks</DIV><DIV>TS</DIV> Fri, 04 Jan 2008 19:55:32 GMT https://ficoforums.myfico.com/t5/Mortgage-Loans/Fico-Score-for-Mortage/m-p/126326#M5849 Anonymous 2008-01-04T19:55:32Z https://ficoforums.myfico.com/t5/Mortgage-Loans/Fico-Score-for-Mortage/m-p/126428#M5857 <DIV>For FHA you can have no score (so your 603 would be OK) as FHA is credit history sensitive and not credit score sensitive.&nbsp;&nbsp;But if you are going for a conventional loan it'd be optimal if it was at a 680 level since you have less than 30% down.&nbsp; A 680 score isn't required, however Fannie Mae &amp; Freddie Mac put a guideline in place so if your score is less than a 680 and loan-to-value is over 70%, there will rate adjustments that aren't there if your score is 680+ or if you are putting 30% or more down.</DIV> Fri, 04 Jan 2008 22:51:47 GMT https://ficoforums.myfico.com/t5/Mortgage-Loans/Fico-Score-for-Mortage/m-p/126428#M5857 ShanetheMortgageMan 2008-01-04T22:51:47Z