Credit scores from online mortgage shoppers have risen four points since 2011, averaging 734, according to a study by MortgageMarvel.com, which analyzed nearly half a million online mortgage applicants.
Will and Julie Nesbitt of Nesbitt Realty.
Some states are averaging even higher credit scores, particularly among those states known for having high household earnings. The following are the states with the highest median credit scores among mortgage applicants, according to Mortgage Marvel.com:
California: 774
Hawaii: 771 / Oregon: 771
Wisconsin: 766
Connecticut: 765
Delaware: 764
Washington: 764
Colorado: 763
Rhode Island: 763
New Hampshire: 762 / Virginia: 762
Maryland: 761
The states with the lowest median credit score among mortgage applicants are Arkansas (691) and Mississippi (698), according to MortgageMarvel.com.
Source: “Link Between Credit and Mortgages: Not What You Think,” CNBC (Jan. 24, 2013)
Will is the principal broker of Nesbitt Realty and Condo Alexandria. He is licensed in anywhere in the Commonwealth of Virginia, but focuses on those communities found in and around Alexandria, Arlington, Mount Vernon and Springfield/Franconia.
Will has been involved in real estate management, sales and investment for more than twenty years. He is a veteran of the U.S. Army. While in the army, he studied Russian at Monterey's Defense Language Institute. He is also a "veteran of the dotcom wars" and built most of the sites associated with NesbittRealty.com
Will currently resides in Belle Haven Estates just outside Old Town, overlooking New Alexandria. He is a former president of the Mount Vernon Youth Athletic Association and founded the Alexandria Fun with Friends Group. Will is the author of BattlestorM, a tabletop fantasy game, which was published by Ral Partha Publishing in the late '90's, and Arthur's Realm, a boardgame available at the Gamecrafter.
