Low/High FICO Scores

Freddie Mac has given us an indication of low vs. high scores on their Gold Measure Worksheet.The following scale assesses Risk Units (RUs) for a borrower:

Some description

Borrowers with a score above 760 are in the "high" range. The score is positively compensating. Borrowers with a score between 680 and 760 are in the "mid" range. The score does not add

anything to the files, but does not detract. Scores from 680 to 620 are low but can be acceptable. Approvals must be justified carefully and

files documented thoroughly. Scores below 620 are very "low" and may not be acceptable for conventional financing. A score below 600 is probably prohibitive.