Tag: Credit Score

Posted on 02/16/2020
3 Ways Buyers Can Secure the Best Mortgage Terms
Image by StockSnap from Pixabay The perfect home is not the only thing you'll need to shop for when you want to become a homeowner. In order to get the best terms, the lowest monthly payment and a reasonable interest rate, start doing some homework now -- before you even attend your first open house. 1. Check Your...
+ 2 more
Read More
Posted on 11/24/2019
It’s a Balancing Act: Credit and Debt
Image by David Pereiras from Shutterstock Your FICO score is a key factor used to determine if you qualify for a mortgage. The Fair Isaac Corporation (FICO) is the creator of the most common credit score used by home loan providers. The algorithm used to create your score is a closely-guarded industry secret. But in general, it factors...
+ 2 more
Read More
Posted on 06/30/2019
Demystify Your Credit Score Calculation
Understanding how your credit score goes together and how to improve it is a bit of a murky subject. The advice out there is not always consistent and depends on the financial viewpoint of the source. However, there are concrete factors that do go into the calculation of a credit score and when you understand what ingredients go...
+ 1 more
Read More