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700 is a strong mortgage score. You'll receive competitive rates from all major lenders and are approaching the tier where the best rates become available.
Our Top Picks for 700 Credit Score
APR Range6.10% – 6.75%
Min. Credit Score620
Why we recommend it: Better.com's no-fee model and strong rates for 700 borrowers make it the top choice. No origination fee saves $3,000–$6,000 on a typical loan.
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APR Range6.15% – 6.85%
Min. Credit Score620
Why we recommend it: Rocket Mortgage's Verified Approval and fast closing make it ideal for competitive markets where sellers prefer pre-approved buyers.
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APR Range6.10% – 6.85%
Min. Credit Score620
Why we recommend it: At 700, you're entering prime territory and lenders compete for your business. Credible's comparison tool captures that competition.
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Frequently Asked Questions
Is 700 a good credit score for a mortgage?
Yes — 700 is solidly good. You'll qualify for competitive rates from all major lenders. Improving to 720+ would provide the best available rates, but 700 is already strong.
What's the monthly payment on a $400,000 mortgage at 700 credit?
At 6.5% APR for 30 years, a $400,000 mortgage costs $2,528/month (P&I). At 6.25%, it drops to $2,463/month — saving $65/month or $23,400 over 30 years.
Should I get a 15 or 30-year mortgage at 700 credit?
A 15-year mortgage at 700 credit saves enormous interest — typically 0.5–0.75% lower rate plus half the term. The monthly payment is higher but total cost is dramatically lower.
