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  2. No-doc mortgage: What is it and can you still get one? - AOL

    www.aol.com/finance/no-doc-mortgage-still-one...

    Cons. Few lenders offer these loans in 2024. You’ll need a good credit score and lots of liquid assets to qualify. No-doc mortgage loans usually come with higher interest rates.

  3. Why is good credit so important? - AOL

    www.aol.com/finance/why-good-credit-important...

    500 credit score. 700 credit score. Interest rate. 17.63 percent. 8.59 percent. Monthly Payment. $630. $514. Total interest paid. $12,789. $5,844

  4. How to buy a house with bad credit - AOL

    www.aol.com/finance/buy-house-bad-credit...

    Compare multiple mortgage offers. Whether you have bad credit or good credit, it’s important to shop around and compare interest rates and loan programs from multiple lenders before you decide ...

  5. How to shop for a mortgage without hurting your credit score

    www.aol.com/finance/shop-mortgage-without...

    Keep in mind: The credit score you see on free credit reports might be slightly different from the score mortgage lenders see since they might use different credit scoring models. Pay down debt

  6. Buying a Home: Good or Bad for Your Credit? - AOL

    www.aol.com/news/2013-01-22-buying-home-credit.html

    The No. 1 thing to consider isn't just the amount of money you're making now, but the likelihood that your job is secure and that the income is reliable -- and also make sure you understand the ...

  7. No income, no asset - Wikipedia

    en.wikipedia.org/wiki/No_Income,_No_Asset

    It was a play on NINA, which in turn is based on the notation scheme for the level of documentation the mortgage originator required. It was described as a no income, no job, [and] no assets loan because the only thing an applicant had to show was his/her credit rating, which was presumed to reflect willingness and ability to pay.

  8. The best home loan: how to shop for and compare mortgage offers

    www.aol.com/finance/best-home-loan-shop-compare...

    A mortgage broker is actually not a lender. Instead, they act as your representative, seeking out loans for you. Brokers work with an array of lenders and as a result, are often able to offer the ...

  9. Best mortgage lenders for bad credit in 2024 - AOL

    www.aol.com/finance/best-mortgage-lenders-bad...

    Availability: All U.S. states Loans offered: Conventional, jumbo, FHA, VA, USDA Credit requirements: 620 for conventional loans, 640 for FHA loans, 680 for VA loans Down payment minimum ...

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