Submitted by groomsn on Wed, 12/14/2011 - 18:55
my credit score is 596 can I qualify for a mortgage
my credit score is 596 can I qualify for a mortgage
My credit score is 596 is their a mortgage that I can qualify for
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Credit score below 600 is considered as sub prime. But, the decision of offering mortgage loans depends upon the lender. Chances are there that you may obtain a mortgage with a credit score of 596. However, you have to provide more documents to your lender.
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You should have a credit score of around 620 in order to qualify for a loan. Below a score of 620, it will be quite difficult for you to qualify for a loan. You should take steps in order to improve your credit score. You can check out the given page in order to find out some of the steps to improve your credit score: http://www.mortgagefit.com/credit-rating/credit-repair.html .
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