What are the eligibility criteria for obtaining a loan from Caliber Home Loans?
Asked a year ago
To qualify for a loan with Caliber Home Loans, certain eligibility criteria must be met. These include factors such as credit history, income stability, and debt-to-income ratio. A minimum credit score may be required, typically in the mid-600s or higher. Applicants should demonstrate a reliable income source and have a low debt burden relative to their income. Other considerations may include employment history, property type, and the purpose of the loan. Caliber Home Loans understands that each borrower's situation is unique, so they offer a range of loan options to accommodate various needs, ensuring that individuals who meet the necessary criteria have the opportunity to obtain a loan. It is recommended to contact a Caliber Home Loans representative or visit their website for specific details regarding eligibility requirements.
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