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.
The minimum credit score varies from lender to lender. A minimum score of 720 is required although give strong compensating factors, lenders will go down to 680. If you need a larger loan, then your option is a jumbo loan. In general, you will need a strong credit score, LTV under 70% and strong income.f your credit score is over 580, then you can get an FHA loan with a down payment of 3.5%. As of 2015, there is at least one lender approving FHA loans for borrowers with scores down to 550, with an LTV maximum of 90%.