Why Is My Credit Score Lower?
Many homeowners ask why is my credit score lower when the bank pulled it and here is the simple answer: The main reason why your credit score is lower is because … Read more
Credit And Your Mortgage
Here we cover how your credit history and credit score affects the mortgage rate you obtain when refinancing your current mortgage or purchasing a new home. Traditional vs. non-traditional credit, how to improve your credit score and important credit report tips.
Rapid Rescore
You’re credit history and more importantly, your credit score is one of three main factors in mortgage underwriting (the other two being home value and personal income). That’s why it’s … Read more
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. Whether you are refinancing a current mortgage … Read more
Credit Report Tips-Updated
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 … Read more
Boost Your Credit Score
Recently there have 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 … Read more
Average Credit Score Hits 700 First Time
According to news reports, the average national credit score hit 700 for the very first time. Great news for those seeking a new car loan or mortgage since a higher … Read more
CFPB Goes After Credit Repair Companies
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. … Read more