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Excellent Credit ; Good Credit ; Fair Credit ; Bad Credit ; No Credit History. This income required for mortgage calculator collects these important variables and determines the required income.
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How to get a mortgage with bad credit?. debt-to-income ratio, credit score and loan-to-value ratio, or LTV.. and comparison-shop for mortgages. A good credit score is above 700. Very good.
The more encompassing measure is to include the total amount of money that you spend each month servicing debt. This includes all recurring debt, such as mortgages, car loans, child support payments.
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