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credit score: My credit isn't good enough to buy a home.....what now? - 05/04/11 11:01 AM
Great blog and great information written by Mark Schmitz. Are you wondering why your credit score is what it is even though you thought you did everything right? Mark gives these tips to make sure your credit score is good enough to make that home ownership dream come true. Via Mark Schmitz (Aurora Bank FSB): 1st off......who are you to say it isn't? You definately need to talk to a mortgage professional and have a tri-merge credit pull done. Why a tri-merge? Banks will always look at all 3 of your credit scores and use the median score to determine your creditworthiness.
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credit score: The New FICO 8 Score - 07/27/10 07:54 PM
I have been trying to keep updated with credit scoring and financing because it has a direct effect on the real estate market and, therefore, me. I found this great article by Leslie McFadden, Bankrate.com, written today about the new FICO 8 score...A VERY interesting read. Enjoy and share it with everyone you know. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ FICO announced today that more than 2,700 lenders are using its latest and greatest consumer credit scoring model known as the "FICO 8 Score." According to FICO's own research, its newest credit score improves credit risk prediction by as much as 15 percent over earlier generations. The score debuted in
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Diane Casale, REALTOR, ABR, SNP; North Alabama Real Estate
Huntsville,
AL
More about me
Coldwell Banker First, Huntsville, AL
Address: 900 Bob Wallace Avenue, Huntsville, Alabama, 35801
Office Phone: (256) 539-4660
Cell Phone: (256) 679-6470
Email Me
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