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Speaking of credit reports, what type of credit do I, as a buyer, need to have?

April 26, 2017buyer credit Credit Reports Speaking type

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Speaking of credit reports, what type of credit do I, as a buyer, need to have?

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For an FHA loan, which is very popular, buyers generally need to have clean credit for the past 12 months, meaning that payments have been made on time. Many lenders don’t worry about credit problems that took place in the past, as long as the past year is good and clean.