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Commonwealth Bank of Australia said on Friday it would ease mortgage lending rules for its customers starting July 22, joining some of its Big Four peers who have taken similar measures in a bid to.
In the years following the housing market crash, the mortgage industry. lower their minimum credit score requirements or raise their debt to income limits even further. In general, it has been. The minimum FHA credit score for a home loan is 500, however, it’s possible to get a mortgage loan with no credit score at all.
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