tag:blogger.com,1999:blog-1503862453784722500.post993639203456321718..comments2023-07-02T23:02:14.523-07:00Comments on Finance Gym's Blog: When is Your Credit Score Not Important?Stacey Powellhttp://www.blogger.com/profile/17759164290959593530noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-1503862453784722500.post-87355538854404878472016-04-14T18:08:58.804-07:002016-04-14T18:08:58.804-07:00Why do I need a Credit Score in order to purchase ...Why do I need a Credit Score in order to purchase a home at a good rate? I can receive an equal rate, any maybe even a better rate if I have no Credit Score (Not to be confused with a poor Credit Score) through a process known as manual underwriting. I personally recommend a 15 Year Fixed Rate with 10-20 percent down. Current rates, are around 2.6-2.8 with manual underwriting. <br />I would also add that I can write a check for an apartment building or pay my rent a year in advance with one check, but if the don't want me to rent because I can't pass a credit check, I may not be interested in living there. Not in line with my values... I do think your article was well written and don't mean to discount your works. My Point is Credit Scores are never important, It is a value of your Debt not your Financial Status.Danhttps://www.blogger.com/profile/00946568808941995163noreply@blogger.com