Competency requirements may be met with high school work, college work or test scores. These requirements must be met regardless of your major or the number of transferable hours you have earned. Students must earn a minimum of a 2.00 GPA in each competency area.
Answer Wiki. A well-qualified lessee is going to be someone with Tier 1 (very strong) credit. Typically a Tier 1 will be someone with a credit score above 720+ (at the minimum) but that varies by bank. These lease offers you mention are typically special rates or money factors being offered only through the manunfacturer's bank and every bank will have their own definition of what Tier 1 credit is.
Credit History and Score Requirements. For those interested in applying for an FHA loan, applicants are now required to have a minimum FICO score of 580 to qualify for the low down payment advantage, which is currently at around 3.5 percent.If your credit score is below 580, however, you aren't necessarily excluded from FHA loan eligibility.redit History and Score Requirements. For those interested in applying for an FHA loan, applicants are now required to have a minimum FICO score of 580 to qualify for the low down payment advantage, which is currently at around 3.5 percent.