Talked to a mortgage broker yesterday. He said they used to be able to approve people with 580 credit scores for loans 3 months ago now it’s a 640 credit score And they call your job the day of closing to verify you’re employed. The writing is on the wall
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Banks looking at people with double-digit credit scores like “Okay who else can we get in the hook as co-signer”
10:46 AM - 25 May 2020
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