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My credit score is 454 and im unemployed can i qualify for any loan?
Wiki User
∙ 11y ago
Most likely, no.
Wiki User
∙ 11y ago
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What is needed to qualify for a loan?
A good credit score.
What credit score does one need to qualify for loans at a traditional bank?
One needs an average to excellent credit score to qualify for loans at a traditional bank. Consumers with a poor credit score can qualify for a high interest loan.
What is the average expected credit score to receive a mortgage loan?
There is not an average expected credit score to receive a mortgage loan. You may have a low credit score, and an high income and still be able to qualify. Loans are not just based on credit score.
How might one qualify for an auto loan with bad credit?
One might qualify for an auto loan with bad credit by applying for dealer financing. It is best for one to know their credit score before applying for an auto loan.
How does one qualify for a HUD Home Owner Loan?
To qualify for a HUD Home Owner Loan, one needs to have a clear or acceptable credit. You have to visit a bank and ask them if you qualify for the HUD Home Owner Loan, or you can contact a credit repair agency and they will tell you if your credit score will enable you to qualify for a HUD Home Owner Loan.
what is the minimum credit score for an FHA home mortgage?
If you have some credit then you will typically need a minimum middle credit score of 580 to qualify for a FHA loan.
What is the lowest credit score to qualify for a home loan?
You need at least a credit score of 660 to qualify for a home loan For a FHA refinance or purchase the minimum credit score is 620. There are some lenders that will go down to a 580 credit but it just depends on some other factors such as debt to income, loan to value, etc. Veronica Rodrigues Voyage Home Loans
What credit score is required for a bank of america mortgage loan?
I found on several websites where there were FAQ, they would say there is no minimum credit score required. It all depends on the loan manager as to if you qualify.
Can you qualify for car loan with 627 credit score?
yes but you might have a high interest rate.
How does one improve their bad credit score to get a loan?
You can improve your credit score in order to qualify for a loan by paying all of your bills on time, reducing your debt to income ratio and checking your credit report to make sure there are no errors.
How much loan do you qualify for?
Lenders decide how much money to loan based on your income, credit score, and what type of loan you are looking for. Also, if there is collateral to back your loan.
What does you credit score have to be in order to get a 800000 dollar Loan for a home?
Depends on which lender you use to qualify & type of loan- but around 640 generally.
