Question:

Is 655 a good score ?

by  |  earlier

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can i buy an investment property with this score

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5 ANSWERS


  1. Thats fair credit.

    665 is good.

    Remember the score that counts is the fico score.

    www.myfico.com


  2. It really isn't very good.It should be at least in the upper 700's or preferably in the 800's to get the best interest rates offered. You will most likely have a difficult time getting a loan.

  3. This is a fair score. Given the crunch right now on properties I would say probably not without a sizable down payment or some big time collateral

  4. no thats a very bad score.

  5. It's an OK score.  It's not terrible.  People get mortgages with far less.  You'll probably need an FHA loan with that score.  I don't know if FHA gives loans for investment properties though.

    VERY VERY VERY few people have credit scores in the upper 700s and 800s.  Upper 600's are much better and low-mid 700s is where some of the best rates are found.  
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