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Can I Get a Mortgage Loan with a Credit Score of 550?

by HomeLoan.com

Yes, you can get a mortgage with a credit score of 550, but the interest that you will pay on a 30-year mortgage can be as much as 8.5 percent (2005). In 2009, you can expect to pay three to four percent more than the interest rate that someone with good credit can get.

References

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