|

CHICAGO-Based on a study of over 25,000 loan quotes and mortgagerequests on Zillow Mortgage Marketplace, borrowers with creditscores below 620 who applied for 30-year fixed and conventionalloan quotes were doubtful to get even one quote, even for acomparatively high 15% to 25% down payment.

|

The average APR quote varied from 4.73% to 4.44% for creditscores ranging from 620 to 719, while that for credit scores of 720or more stood at 4.3%. For the full story, go toChicago Sun Times.


GlobeSt.com News Hub is your link torelevant real estate and business stories from other local,regional and national publications.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.