Can I get a mortgage with a poor credit rating?
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Because FHA home loans are insured they are much less risky for lenders. Allowing them to lower their minimum requirements for a loan. No longer do you need to have a 620 credit score, people with poor credit can get approved. These --bad credit home loans-- are known as a sub-prime mortgage.
2023-06-08 12:18:39
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Isabella Rivera
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Because FHA home loans are insured they are much less risky for lenders. Allowing them to lower their minimum requirements for a loan. No longer do you need to have a 620 credit score, people with poor credit can get approved. These --bad credit home loans-- are known as a sub-prime mortgage.