Mortgage Options for 740-799 Credit Score
This range is considered excellent. You are likely eligible for more favorable pricing, but fees and lender differences still matter.
Check Your RateIllustrative Rates by Credit Score
Priced October 9, 2026 from Ralo's pricing engine across 16 counties in the states where Ralo is licensed. Each cell is the lowest to highest illustrative 30-year fixed rate, with the APR range for the same loans.
| Credit score | 20% down | 5% down |
|---|---|---|
| 660 | 6.875% – 8.125% 6.978% – 8.296% APR | 7.375% – 8.125% 8.063% – 8.936% APR |
| 700 | 6.875% – 8.125% 6.978% – 8.236% APR | 7.125% – 8.125% 7.633% – 8.681% APR |
| 740 (your range) | 6.875% – 7.625% 6.978% – 7.686% APR | 7% – 7.625% 7.44% – 8.066% APR |
| 780 (your range) | 6.875% – 7.49% 6.978% – 7.55% APR | 6.875% – 7.49% 7.222% – 7.835% APR |
Rates are illustrative examples, not a loan approval, rate lock, or commitment. Actual rates depend on credit score, LTV, occupancy, lock period, and loan amount.
Available Loan Options
Challenges to Expect
- Fees can still erode a good rate
- Large loans may add documentation requirements
- Easy to overlook closing costs
Tips for Success
Compare all-in costs, not just rate
Ask for a full breakdown of points and fees
Keep debt steady until you close
Plan cash to close beyond your down payment
Recommended Loan Types
Conventional
Varies by lender; stronger scores usually price better.
Jumbo
Typically higher; lender-specific.
ARM
Varies by lender; stronger scores usually price better.
FHA
580 or higher for the 3.5% down payment; 500 to 579 requires 10% down. Individual lenders often set higher minimums.
DSCR
Set by each lender; higher scores price better and allow more leverage.
Bank Statement
Set by each lender; higher scores price better.
HELOC
Set by each lender.
The Questions Everyone Asks
Other Credit Score Ranges
Ready to Get Pre-Approved?
Mortgage pricing is opaque. Compare rate, points, and fees side by side so you can see the real cost. Ralo shows every line item so you can compare mortgage options more clearly.
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