Relevant:
- Low FICOs Bar One-Third of Prospective Borrowers
- More Americans Turning In Their Mortgage For A Lease
- Credit score tips for the best mortgage rates
- New Fannie Rule: "Bring Us Your Poor, Your Tired, Your Student-Loan-Debt-Overloaded..."
- 71% of Borrowers Do Qualify for a Purchase Loan.. But Most Choose To Pay Off The Credit Card
2010-09-27 — prnewswire.com
" Nearly one-third of Americans are unlikely to qualify for a mortgage because their credit scores are too low, making homeownership out of reach for many. This is according to an analysis of more than 25,000 loan quotes and purchase requests on Zillow Mortgage Marketplace during the first half of September."
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