Q: Do I need to have perfect credit to qualify for a low down payment mortgage?
A: No, you do not need to have perfect credit to qualify for a low down payment mortgage. However, lenders typically have minimum credit score requirements, which vary depending on the type of loan and lender. FHA loans have more lenient credit score requirements than conventional loans, making them a good option for borrowers with lower credit scores.
Q: How can I improve my chances of getting approved for a low down payment mortgage?
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