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Just sharing for those of you buying houses

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Anonymous
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Just sharing for those of you buying houses

When applying for a mortgage greater than $150k , life insurance over $150k, or job with salary greater than $75k, a full factual credit report is pulled for manual review. Every entry on your report is manually verified, and sometimes entries you thought were gone, are discovered.


http://www.hud.gov/offices/adm/hudclips/letters/mortgagee/files/88-8ml.txt
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