What Credit Score Should You Strive for Before Purchasing a Home

question 55

Multiple Choice

What credit score should you strive for before purchasing a home in order to lower your interest rate and receive faster approval?

• A) 600
• B) 700
• C) 750
• D) 800

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Definitions:

Perform Well

Refers to achieving or exceeding the set standards or goals in a given task or activity.

Aesthetic Needs

A psychological requirement for beauty and visually pleasing experiences, as part of Maslow's hierarchy of needs.

Hierarchy of Needs

A psychological theory proposed by Abraham Maslow that categorizes human needs into five hierarchical levels, from basic physiological needs to self-actualization.

Maslow's Hierarchy

A psychological theory proposed by Abraham Maslow that outlines a five-tier model of human needs, from basic (physiological) to more complex (self-actualization) needs.