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Government Loan Programs for Low Credit Scores
FHA drops credit score for some loans
Jan. 16, 2011
By BILL WILSON The Wichita Eagle
Consumers with credit scores as low as 500 might qualify for government-insured mortgages based on recent changes to underwriting guidelines. The head of the government's loan program says borrowers with the same low scores might pose different credit risks based on other factors.
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