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With a credit score of 725 you can do any kind of home loan. Buy, refinance, do a 1st or a 2nd, 100%, no income no assets etc.

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18y ago

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When buying a house, will a loan company tell you your credit score?

Any type of loan company you talk to will be able to let you know your credit score. As long as you have a really good credit score you should have no problem getting a second home.


What is a Bad Credit Mobile Home Loan?

Bad Credit Mobile Home Loan is a type of loan that is extended to people with low credit score. In addition, the loan itself is reviewed from time to time making sure the rate is appropriate for the borrower.


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.


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.


Can you get a loan from a bank with a responsible co signer?

Your abaility to obtain a loan from a bank is generally based on your credit score and what type of loan you would like to get. Generally, if you have a cosigner that has a good credit report you should be able to get a loan.


How do you make your credit score go up?

PAY YOUR F-ING BILLS! If you have no credit>> Get a credit card, car loan, or any type on loan AND PAY IT! coming from a person w/ an 798 score!


If you have a median score of 691 and a first time home buyer can you get a loan?

as far as your credit score goes, than answer is a resounding YES, that is a great credit score. Of course there are other factors such as your income, your work history, what kind of credit you currently have, what type of financing are you looking for, etc.


How does loan shopping affect my credit score?

When you shop for a loan, multiple lenders may check your credit report, which can temporarily lower your credit score. However, credit scoring models typically treat multiple inquiries for the same type of loan within a short period as a single inquiry, minimizing the impact on your score.


What are the qualifications for receiving a home improvement loan?

Recieving a home improvement loan has many different qualifications depending on who you are trying to get the loan with. Some of these qualificactions include credit score of homeowner/s, type of work they do and value of the house itself.


How important is credit score in qualifying for a business loan?

Credit score is just one of the factors that the lenders examine once they work with business owners. In case your credit score isn’t good or damaged, your lender can work to locate strengths to your business or finances to make the business loanpossible.


How safe are quick loans for your credit score?

Quick loans, just like any other type of loan, are safe for your credit score if the loan is paid off as required in the loan terms. Those with bad credit scores often apply for quick loans as many companies do not require a credit check when applying for a quick loan.


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.