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Keith Hinkley Profile and Articles
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1). Why Credit Scores Are So Important for Mortgage Refinancing
What is a Credit Score and why is it important for a mortgage loan?
A credit score is a rating that is also called a fico score. This rating yields a number that reflects your level risk to the creditors. The higher the score the better your credit rating. The lower your score, the bigger risk of credit you are considered. The score is generated using statistical model, that considers credit accounts from your credit report.
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