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Old 01-17-2012, 09:10 PM
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Join Date: Jan 2012
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Default Does credit scores determine if you get a 20 year vs...

...30 year mortgage? Im waiting on a mortgage loan and the loan officer said his "under-writer" told him that we can only get a 20 year loan instead of a 30 year loan because of our credit score. Is this for real? Our credit score is in the 700's and we have only one blemish on our credit. A 20 year makes our mortgage payment higher and we want a 30 year. Why can't we have one?
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