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Pretty good if your credit score is high enough. You possibly could qualify for a "Stated Income" loan. On investment property for a stated income loan you normally would have to have a 10% down payment. You can get into a mortgage loan with a lesser down payment going this route, but, you'll definitely be paying for it in your interest rate.

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โˆ™ 2006-07-13 23:46:29
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Q: If you have good credit but not high income and you are interested in purchasing for investment purposes what are your chances of being approved for a loan?
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