700 Credit Score Refinance
A 700 earns strong refinance pricing, including cash-out. The final break sits at 740.
By Onias Derilus, Mortgage Capital · NMLS# 1859012 · Last Updated: June 2026
A 700 credit score refinances at strong pricing. Conventional rate-term and cash-out both price well, and your options are wide open. The last meaningful break is at 740, where pricing tops out, so a 700 is close to the best the conventional refinance scale offers, with only a modest gain left above it.
Near the Top of the Scale
At 700 the refinance rate is strong, cash-out is reasonably priced, and refinancing out of FHA insurance is clearly worthwhile if you have equity. This is a comfortable score to refinance from.
The 740 tier is the final step, trimming the rate and any PMI a little further. If 740 is close it can be worth reaching before you lock, especially on a large cash-out; otherwise 700 is already a strong position.
| Refinance Type | Available at a 700 Score? |
|---|---|
| Conventional rate-term | Yes, strong |
| Cash-out | Yes, good pricing |
| Final Break | 740 |
| Above 700 | Modest gains |
700 Score Refinance — FAQ
Yes. A 700 earns strong pricing on conventional rate-term and cash-out, and it is well-suited to refinancing out of FHA insurance. The only tier above is 740, which adds a modest improvement.
Only if it is close, especially for a large cash-out. The 740 tier trims the rate and PMI a little further, but it is a smaller gain than earlier breaks, so 700 is already a strong place to refinance from.
A Refinance With a 700 Score?
Get matched to the right Florida loan for your score · Licensed FL mortgage broker NMLS# 1859012
Rates are illustrative only. APR and payments vary by credit score, loan amount, and market conditions. Subject to credit approval. Not a commitment to lend. NMLS# 1859012. Equal Housing Lender.