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FHA Refinance And FHA Mortgage Loans Fact – Improve Your Credit Score

In FHA Refinance and Mortgage Loans, credit score is very vital. Your FHA loan approval depends on your excellent credit.

* If you have a poor credit rating, work to establish payment reliability over a period of at least one year before starting your FHA loan paperwork.
* Try paying down and closing one or two credit cards, which can improve your credit rating by showing you have less potential debt open to you through credit cards.
* If you have erroneous items on your credit rating, challenge them in writing with the major credit reporting agencies and resolve them before you start work on the FHA mortgage or FHA Refinance loans.

Read also : FHA Loan Guidelines

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This entry was posted on Sunday, December 28th, 2008 at 3:25 am and is filed under FHA Mortgage, FHA Refinance. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
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