What Does Your Credit Score Need To Be To Get A Mortgage?
A credit score is an important three digit number that is used to determine a borrower’s creditworthiness. It basically shows the lenders how much of a risk he is if he is lent a loan. This number,...
View ArticleWhat Credit Score Do I Need for a Mortgage?
Since the credit crunch of the mid to late 2000s, credit and lending companies have become stricter in doling out loans. This is due in part to the decline of the American economy brought about by...
View ArticleWhat Is An Acceptable Credit Score For Mortgages?
[I]n this era of economic challenges, it is often a good time to purchase a home rather than sell a home. However, the proposition of buying a new home begs the question of, “what is an acceptable...
View ArticleHow Can I Get A Mortgage With A Low Credit Score?
[N]ow is a great time to purchase a home, but unfortunately it is a time during which many people are asking the question of, “how can I get a mortgage with a low credit score?” The answer is not...
View ArticleWhat Credit Scores Are Needed For Mortgages?
[W]ith house prices and loan rates at historic lows, more people than ever hope to buy their own home. However, lenders have become stricter than ever before due to the global economic climate. Even...
View ArticleCan I Refinance My Mortgage During Chapter 13?
[R]efinancing a house mortgage when you are in Chapter 13 bankruptcy is generally possible although not always the very best strategy. If you are still in Chapter 13, your finances are the business of...
View ArticleHow Do I Buy a Home With a Bad Credit History?
[T]he first secret towards purchasing a mortgaged house with a bad credit history is to have a down payment available. Consider that since the late 2000s, customers without any type of credit...
View ArticleWhen Should I Consider Refinancing My Mortgage?
[W]henever interest rates begin to fall, many homeowners start to question whether they should refinance their mortgage. It is very tempting to begin calling around to see who can give you the best...
View ArticleWhat Is FICO and How Does It Relate To A Home Mortgage?
[I]f you have been shopping for a home mortgage loan, you are probably familiar with a term called FICO. In most cases, your FICO score will determine whether you can obtain a mortgage loan as well as...
View ArticleWhat Are Home Renovation Financings?
[S]ometimes you may want to fix up an old house instead of buying a new one. You may have plans for a minor update or a major change. If you don’t have the money on hand to pay for the project, you may...
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