A prime mortgage is a home loan to a borrower with relatively high credit worthiness indicating a relatively high likelihood that mortgage payments will be made when due;scores above 300 reflect the highest credit quality classification.

Question

Quizplus · Accepted Answer

Credit scores typically range from 300 to 850, with higher scores indicating better creditworthiness. Scores above 300 are not considered high; scores above 700 are generally seen as good or excellent.

A Prime Mortgage Is a Home Loan to a Borrower