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<!-- google_ad_section_start(name=default) --> Wednesday, January 11, 2012 CONVENTIONAL MORTGAGE LOANS IN ALABAMA If you are purchasing or refinancing a home in Alabama you have several different loan products available to you if you qualify. Today I am going to talk about Conventional Mortgage Loan for Purchase and Refinance.A Conventional Loan is really the "Cream of the Crop". In most situations they are for folks who have excellent credit, 5% or more for a down-payment and assets.What is considered excellent credit? By today's standard an excellent credit score is considered to be 740 or higher. Credit scoring models go up to
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