[quote=GH]…A lot of it is common sense, but ANYONE who carries high interest consumer debt I would assign a score of 400 regardless of if they have even been late and have the highest income…[/quote]
GH, would you consider a borrower who is carrying $100K+ in a government-backed or private student loan at a rate of 6.5% to 8.5% to be carrying excessive “consumer debt” so as not to qualify for a real estate purchase money loan?
