Credit Score Needed for Buying a $2 Million House: What You Should Know
Buying a $2 million home may seem daunting, especially for first-time buyers, but understanding your credit score is a crucial step. To secure a mortgage for such a property, a strong credit score significantly enhances your chances, typically aiming for above 740. Besides, knowing how your score impacts interest rates, what lenders specifically look for, and the intricacies of closing costs can make a big difference in your journey to homeownership.
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