Credit Rating And Your Mortgage

Have you ever wondered why the credit score your mortgage lender obtains is lower than the credit score you obtain when you order it from a service like Credit Karma? The reason why the credit score … Read more

You’re credit history and, more importantly, your credit score is one of three main factors in mortgage underwriting (the other two being Loan-To-Value ratio and Debt-To-Income ratio). That’s why it’s important to ensure your credit history … Read more

There are two broad types of credit that lenders will consider when underwriting a new mortgage application; traditional vs. non-traditional credit history. Whether you are refinancing a current mortgage or purchasing a home, your mortgage lender … Read more

The better your credit report, the lower your mortgage rate. Below I provide tips to help you improve your credit score quickly, how mortgage companies review your credit, correcting credit report errors, and more. Credit Report … Read more

There are two programs introduced to help you boost your credit score. The two programs aim to address consumers who might not have traditional credit (i.e., credit cards, car loans, etc.) to show their creditworthiness. Additionally, … Read more

Do you happen to have “less than perfect credit” or “bad credit”? There are many homebuyers and homeowners that don’t have excellent credit, and locating a mortgage company for people with bad credit might seem impossible. … Read more