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Could Personal Loan Debt Stop You From Getting a Mortgage?

Could Personal Loan Debt Stop You From Getting a Mortgage?

To qualify for a home loan, you have to meet certain criteria. For one thing, you need a decent credit score. It actually takes a minimum credit score of 620 to qualify for a conventional mortgage, but many lenders will want to see a higher number than that before agreeing to loan you a large sum of money.