How Good Credit Score For Home Loan Is Important - PowerPoint PPT Presentation

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How Good Credit Score For Home Loan Is Important

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A good credit score indicates a lower risk profile, which means that the lender would be willing to lend home loan from bank easily. – PowerPoint PPT presentation

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Title: How Good Credit Score For Home Loan Is Important


1
Good Credit Score For Home Loan
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Short Example Of Good Credit Score For Home Loan
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Here, we take an example of Mr. Samanth to
explain how good credit score for home loan is
important. Mr. Samanth was in the process of
making a checklist that comprised of aspects to
focus on before he started to look for a home and
get a loan for it. Here are a few things that
were included in the list made by Mr. Samanth
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Good Credit Score
Choose a reputed builder
Credit Score is Important Get the Application
Accepted Gives the Applicant a Wider Choice
Some key points are there-
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Can help in getting Better Deals
A good score not only gives the lender a wider
choice but also allows them to negotiate a good
deal for themselves. Lenders charge interest on
the amount they lend as the cost for the risk of
default (by the borrower) they bear.
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