finance: How to Obtain a Mortgage with Less Than Perfect Credit
- 05/16/07 07:51 PM
Many people are under the false assumption that it takes perfect credit to get a home loan. In the past few years more and more loan options have become available. In fact, there has been an explosion of options in the home loan market because of recent changes in mortgage regulations. It would be great to have perfect credit but people are human and so many life circumstances can affect your credit score. There are now loan programs for just about any situation. Qualifying for a mortgage loan has become a much quicker and easier process recently.There are a number of reasons … (1 comments)
finance: The Credit Report: 9 Things You Must Know to Get Approved
- 05/09/07 07:49 PM
1. Know Your Credit Score. Your credit score is an essential component of having your loan approved. It determines the loan program for which you are potentially qualified. The higher your credit score the better. Be sure to ask your Mortgage Lender for details.2. Always Pay Your Bills on Time. This is not intended to insult your common sense, but to emphasize how vital on time payments are to your credit score. Late payments can dramatically alter the rate, terms and even whether your mortgage loan is approved. Not making payments in a timely manner will almost always decrease your credit … (1 comments)
finance: How to Obtain a Mortgage with Less Than Perfect Credit
- 05/08/07 01:19 PM
Getting Home Financing Can Be a Quick and Easy Process... Many people are under the false assumption that it takes perfect credit to get a home loan. In the past few years more and more loan options have become available. In fact, there has been an explosion of options in the home loan market because of recent changes in mortgage regulations. It would be great to have perfect credit but people are human and so many life circumstances can affect your credit score. There are now loan programs for just about any situation. Qualifying for a mortgage loan has become a … (1 comments)
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Many people are under the false assumption that it takes perfect credit to get a home loan. In the past few years more and more loan options have become available. In fact, there has been an explosion of options in the home loan market because of recent changes in mortgage regulations. It would be great to have perfect credit but people are human and so many life circumstances can affect your credit score. There are now loan programs for just about any situation.
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