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:

Low Tolerance

A minimal capacity to endure negative circumstances, differences, or discomfort without becoming adverse or reactive.

Frustration

A feeling of irritation or distress that arises when a person's progress toward a goal is blocked or hindered.

Middle Childhood

A developmental stage that covers the period from around six to twelve years of age, characterized by the development of logical thinking, independence, and identification with peers.

Preschool Years

The period in a child's life between infancy and school age, approximately from 2 to 5 years old, marked by rapid growth and development.