connecticut mortgage: 25 Criteria that Influence Mortgage Rates. - 10/20/15 02:19 AM
25 Criteria that Influence Mortgage Rates.
What every home buyer wants to know is “what is my mortgage rate?” To get the correct rate for each individual’s situation requires many parameters. Here is a list of 25 criteria that would influence your mortgage rates.
Loan Size ~ are you getting a Conforming loan, a Conforming Jumbo loan or a Jumbo loan? LTV ~ Loan to Value ratio. CLTV ~ Combined Loan to Value ratio when more than one loan is used to purchase property. Credit Score ~ Your FICO score will determine if you pay a higher interest rate. Check your FICO … (6 comments)

connecticut mortgage: Improve Your Credit Score Can Save You Thousands $$$. - 01/12/15 12:14 AM
Improve Your Credit Score Can Save You Thousands $$$.
WSJ weekend article tell us that with higher credit scores you can general borrow more money with lower rates on mortgages, get better rates on car loans, better deals on credit cards and even lower home and auto insurance rates.
The three main credit reporting agencies are Equifax, Experian and TransUnion. Experian Credit Reporting agency is now tracking rent payments that can help increase your credit score.
FICO credit scores are on a scale from 300 to 850 with most lenders considering that 720 and higher being prime borrowers.
Five factors go … (5 comments)

 
David Popoff, Realtor®,SRS, Green ~ Fairfield County, Ct (DMK Real Estate )

David Popoff

Realtor®,SRS, Green ~ Fairfield County, Ct

Darien, CT

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DMK Real Estate

Address: Darien, Greenwich, Stamford, Rowayton, Norwalk, New Canaan, Wilton, Westport., Fairfield County, Connecticut

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