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It is highly likely. This is a good credit score.
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∙ 15y ago
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Can you get approved for a car loan with a credit score of 540?
Yes, there are many dealerships that will approve a car loan with that credit score. You will usually have to put a great deal of money down and accept a higher interest rate. Capital One tends to loan money to buyers with low credit.
My Credit score is 764 what rate should I expect to be getting for a home mortgage with no money down or can I even qualify for such a loan?
I have the exact same credit score but with about $10,000 to put down. How did you do?
Does your credit score go down if you are denied a loan?
yes your credit score goes down everytime you apply
Can you get a mortgage with no money down and a credit score of 615?
It's highly unlikely. You may be able to qualify for a HUD loan with little money down.
How long before a loan shows in your credit score and how many points will it increase?
typically, a credit score will go DOWN a little when you get a loan or have any inquiries on your personal credit information. The credit score usually goes up after there are reports that you have made timely payments on a loan and after you have some assets that are of real value.
Can you get approved for a car loan with a credit score of 540?
Yes, there are many dealerships that will approve a car loan with that credit score. You will usually have to put a great deal of money down and accept a higher interest rate. Capital One tends to loan money to buyers with low credit.
My Credit score is 764 what rate should I expect to be getting for a home mortgage with no money down or can I even qualify for such a loan?
I have the exact same credit score but with about $10,000 to put down. How did you do?
Does your credit score go down if you are denied a loan?
yes your credit score goes down everytime you apply
Can you get a mortgage with no money down and a credit score of 615?
It's highly unlikely. You may be able to qualify for a HUD loan with little money down.
What is the most money that you can receive on a secure loan?
That depends on your credit score there are several websites were you can find out your credit score online.J&RAnd then you can go to the bank to find out the most youJ&Rcan receive on a secure loan with your credit score.
How long before a loan shows in your credit score and how many points will it increase?
typically, a credit score will go DOWN a little when you get a loan or have any inquiries on your personal credit information. The credit score usually goes up after there are reports that you have made timely payments on a loan and after you have some assets that are of real value.
Can you get a mortgage with no money down with a credit score of 577?
No, you cannot get a mortgage with 0 down with a credit score that low. Sorry Yes you actually can. Under certain government loan programs you can get a 0 down mortgage with a low credit score. For instance I had a middle score of 525 and applied for a VA loan, which requires 0 down payment. I had to write a letter to the underwriter with a very good explanation as to why my score was so low. The underwriter contacted the VA and learned that they could approve the loan if they felt I had extenuating circumstances and was a good credit risk despite my low scores. I was approved for the loan with a good interist rate. So it can be done it just requires convincing the underwriter you are a good risk. Actually there are several ways that you can. The most popular is using an FHA loan coupled with a DPA (down payment asst. program). The money never needs to be repaid and you can qualify with a score as low as 550. You must verify income though.
Is obtaining either a home equity loan or a home equity line of credit based on your credit score?
I cannot think of any time when borrowing money that credit is not a considerable factor. So, yes, your credit score is a factor when borrowing money for either a home equity loan or a home equity line of credit.
What type of credit score does someone need to get a no down payment home loan?
If a person wishes to get a no down payment home loan he or she needs an acceptable credit score so that the loaner is convinced that the person has adequate income to repay the loan. Usually 620 or higher is expected.
Is it possibleto get an auto loan with a 547 credit score?
It is unlikely that a bank would give a person a loan who has a credit score of 547. A good credit score for a loan would be between 700-800.
Where can one find out about his or her credit score?
Online companies such as Money Saving Expert and Experian can help one find their credit score. It is also possible to find out certain information about one's credit score when applying for a credit card or loan.
Can you get a car loan with a credit score of 580?
Yes, this is a fair credit score.
