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Lenders use your credit score to determine if you’re a good or bad risk for a loan. Credit scores range from 300 to 850. The higher the number, the better your score, and the easier it is to get approved for loans.
getting pre approved mortgage When you get pre-approved for a mortgage, it is a much more involved process than a prequalification because you will typically have to complete a mortgage application as well as pay the mortgage application fee.
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