What are the 5 loan requirements of a bank?
I'm interested in taking out a loan from the bank, but I'm not sure what their requirements are. Specifically, I'd like to know the top 5 loan requirements that the bank typically has. What documents or criteria do they usually look for?
What credit score do you need for a 250k loan?
Hello there, I'm curious to know what credit score would typically be required for someone to be approved for a loan of $250,000? I understand that credit scores vary widely and can impact lending decisions significantly, so I'm eager to get a general idea of the range lenders typically look for when considering loans of this size. Is there a specific credit score threshold that is commonly considered the benchmark for approval, or does it vary based on other factors like income, employment history, and the purpose of the loan?