Most of the lenders would not approve you a loan if you do not have a credit score of 720 or above. After a bankruptcy discharge, you won’t get a loan immediately. You will have to wait for 2 years to get a FHA loan and 4 years to get a conventional loan if you filed for …
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Why is a 720 Credit Score so vital?
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Tags:
are-portfolio,
credit score,
FHA,
fha loan,
FHA Loan Guidelines,
housing market,
lenders,
much-the-same,
only-cover,
recent-performance,
same-rate,
the-mobile
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Take Advantage of a High Credit Score. Having good credit has certain advantages. Aside from making it possible to get the best rate on mortgages and auto loans, persons with excellent credit may also qualify for a debt consolidation ... Rates are important, but so are fees. Make sure you ask lenders about their application and annual fees. Also ask if there are discounts for automatic payments with direct withdrawal. Remember, you have the legal right to this information ...