[Karen37a]

Question. Is it worth trying to go from the 760's to the 800's?
What would be afforded to someone that has an 800+ credit score, that the person that has the 760 wouldn't be able to get. All other things being equal.

Thanks.

780 is usually the next watermark

Depends on which credit bureau and what the purpose of the loan is.

Each Credit reporting agency has different models ...and each one has different scores depending on the type of loan.

Now....Different lenders use different software so when you see 760 on one someone else might see 719 ( same day) and they also have an internal scoring model that adds to the mix.

This is where brokers come into play...Good luck finding an internal loan guy that knows all the algorithms of different types of products other than his own. ( they are not there to coach you, just take docs in and fund or deny)

You do not save money going straight to the source...sometimes its the exact opposite