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Bad credit and Mortgages?

10 Mar

I have a credit scor of 537 I know that isn’t very good at all, I am just wondering if I will still be able to get a mortgage with a bank with this credit scor? I don’t have anything unpaid or pending except I am paying for a loan on a car. I live in Canada. I am also going to have a good co-signer. What do you think?

 
2 Comments

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  1. Gigi

    March 10, 2010 at 6:41 am

    With a co-signer, they’ll take the lower score. You may get a mortgage but at a higher cost.

     
  2. cashew

    March 10, 2010 at 6:44 am

    I think with that score you will be paying a higher interest rate if you even get approved. You need to pay your bills on time that is an awful credit score!