Creditworthiness
Creditworthiness
Creditworthiness is an individual's or business's ability and willingness to repay debt. When an individual or business submits a loan application, the lender reviews the applicant's qualifications, including credit history and income, and makes an evaluation regarding that applicant's creditworthiness. This evaluation determines if, and on what terms, the loan application will be accepted.
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National Rates
| Loan Type | Today |
|---|---|
| 30 yr fixed | 4.83 |
| 15 yr fixed |
4.38 |
| 5/1 ARM | 3.68 |
Rates may contain points
