Your credit score will influence your mortgage options as well as the interest rate you will get. If you’re thinking of buying a home in the future, don’t take chances! These steps can help you improve your credit score now so you’ll have more mortgage options later. Don’t over use your credit cards! Ideally credit card balances should be paid in full […]
Avoiding a credit score drop…
You’ve prequalified for a mortgage and you think you’re all set. You find the perfect house and you call your loan officer to set up the loan. The loan officer pulls a new credit report and tells you that your score has gone down and now your rate will be higher, or worst, you no […]
Financing for Marginal Credit – which lo
If you have less than perfect credit, you may assume that you need a large down payment to get approved, but that is not the case. If you are eligible for a VA loan or an RD (Rural Development) loan, you may be able to get approved for a loan with no down payment! […]