Back in the good old days, 620 was a decent credit score in addition to would get you the “all clear” signal from your mortgage broker. In the last couple years, especially in the six months, anything under a 740 credit score is subject to better interest rate adjustments.
But, the even worse unraveling is now underway. This is the business property financing market. As more structures go up for lease and much more people find alternative house employment and companies place their employees to work in your own home this market will become like a container falling from the sky.