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credit score and getting a mortgage

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dcl08
<3

Member since 4/07

3915 total posts

Name:

credit score and getting a mortgage

does your credit score effect how much you will be approved for or just what interest rate you will get?Chat Icon

Posted 3/25/10 8:37 PM
 
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KittyGags
LIF Adult

Member since 7/09

5614 total posts

Name:

Re: credit score and getting a mortgage

I think both? Chat Icon

Posted 3/25/10 9:45 PM
 

MeNSte
LIF Infant

Member since 2/10

146 total posts

Name:
Melissa

Re: credit score and getting a mortgage

It definitely effects how much you can get approved for

Posted 3/25/10 9:49 PM
 

CookieMomster
Golden

Member since 5/09

6414 total posts

Name:
Me

Re: credit score and getting a mortgage

I think they go by Debt to income ratio for how much they give you and the score to determine the rate you will get.

Posted 3/26/10 8:53 AM
 

HeatherRose
Life is Good :)

Member since 11/07

6605 total posts

Name:

Re: credit score and getting a mortgage

it effects both

Posted 3/26/10 9:48 AM
 

hmm8191
My loves

Member since 3/06

2908 total posts

Name:
Heather

Re: credit score and getting a mortgage

Yes on both

Posted 3/26/10 10:14 AM
 

philsdeezy
LIF Adolescent

Member since 12/06

643 total posts

Name:
Dee

Re: credit score and getting a mortgage

Yes it does, and to boot they will take the lower sore to give you a rate.

Example - Husband 750
Yourself 800
They will use the lower score.

Posted 3/26/10 12:09 PM
 
 

Potentially Related Topics:

Topic Posted By Started Replies Forum
Credit card debt & getting approved for a mortgage?? Mrs-Beans 2/1/07 5 Home
Aside from applying for a loan, is there anyway of getting your credit SCORE? HereWeGoAgain 1/24/06 10 Families Helping Families ™
Getting a mortgage loan... sometimesmommy 6/16/08 5 Home
Spinoff to credit report and getting a job smdl 5/9/08 1 Families Helping Families ™
Getting a mortgage with a new job... Sandy55 3/25/08 17 Home
I keep getting screwed over with credit!!! antoinette 2/20/08 3 Families Helping Families ™
 
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