The Impact of Credit Scores on Mortgage Loans

Released  January 2, 2019
By Megan Greuling

Credit scores continue to impact the overall mortgage loan costs of borrowers. According to the Mortgage Offers Report for July released by LendingTree on Wednesday, consumers with the highest credit scores (760+, representing the 65th percentile of borrowers) were offered an annual percentage rate (APR) of 4.84 percent, versus 5.13 percent for borrowers with scores in the range of 680-719.