mortgage & home loan refinance | vase at home

Why do I have to get a credit check to purchase a home?

Why do I have to get a credit check to purchase a home?

Lenders use a credit check to determine whether or not you will be reliable at paying back your loan. If you have a high credit score it reflects a positive credit history, but a low credit score indicates to the lender that you have delinquent payments or defaults in your credit history. Even with considerable income, a low credit score can have a negative effect on your loan.

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