I want to make sure I have
a decent chance of being approved, and I don't want to unnecessarily increase my credit checks if I have zero hope of getting approved.
Credit scores in the fair range or above would probably have
a decent chance of being approved, but there is no guarantee since other factors are considered beyond just your credit score.
Not exact matches
As long as your debt - to - income ratio
is low, however, and you have a larger equity position — meaning you can afford a larger down payment — you stand a good
chance of getting
approved for a loan with a
decent interest rate.
«A supercomputer can definitely do better, but I
'm tempted to think that anyone
approving such use
of supercomputer time would have a
decent chance of getting fired.»
But if you have good credit and a
decent amount
of equity, there
is a
chance you can get
approved to borrow money.
As long as your debt - to - income ratio
is low, however, and you have a larger equity position — meaning you can afford a larger down payment — you stand a good
chance of getting
approved for a loan with a
decent interest rate.