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Topical Terminology > A-credit



1 Definition

A-credit

For A-credit we have a term and definition in Mortgage.



A-credit (Mortgage)


A consumer with the best credit rating, deserving of the lowest prices that lenders offer. Most lenders require a FICO score above 720 (see Credit Issues). There is seldom any payoff for being above the A-credit threshold (see Does the Mortgage Market Reward Virtue?), but you pay a penalty for being below it.


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