Credit And Your Mortgage

Traditional Vs. Non-Traditional Credit

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Understanding Traditional vs. Non-Traditional Credit: Most people know that your credit history plays a big role in the approval process when it comes to applying for a mortgage. Wether you are refinancing a current mortgage or purchasing a home, the mortgage lender will review your credit history. There are two broad types of credit that lenders will consider when underwriting … Read more

Credit Report Tips For 2019

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A Higher Credit Score Equals A Lower Mortgage Rate: This is a fact of life when it comes to obtaining a loan; the better your credit the lower your interest rate (up to a point). Some people work really hard at keeping a high credit score and others don’t pay much attention to their credit report unless they’re applying for … Read more

Boost Your Credit Score In 2019

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Two Ways You Can Boost Your Credit Score In 2019: Recently there has been two new programs introduced to help those that might need help with improving their credit score. The goal of the two programs is to address the consumers that might not have traditional credit (ie credit cards, car loans etc) to show their credit worthiness. Additionally these … Read more

CFPB Goes After Credit Repair Companies


The Consumer Financial Protection Bureau (CFPB): They are going after credit repair companies that are misrepresenting their ability to repair someone’s credit.  In their complaint they are seeking penalties against four credit repair companies totaling $2,000,000.00.  The four companies targeted by the CFPB are Prime Credit, IMC Capital, Consumer Credit Consultants and Park View Law. Per a statement from CFPB … Read more

Less Than Perfect Credit

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Credit Problems: Do you happen to have “less than perfect credit” or “bad credit”? There are many homeowner’s or potential homeowner’s that don’t have great credit and locating a new mortgage might seem impossible. Just because you have less than perfect or bad credit does not mean you can not obtain a new mortgage. There are many loan programs available … Read more