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I spoke with a chase representative and I received a pre-qualified letter for a mortgage. My credit score is in the uppers 690′s(middle score) I have no debts and pay all my bills on times. I was wandering if the pre-qual letter means it’s a good chance I will be approved for a mortgage.

 

In my opinion, part of the blame lies with the consumers; but I put a majority of the blame of the mortgage companies for taking advantage of the consumers. I will take all opinions: Good or Bad.

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