Credit Score Differences: A Comprehensive Guide
Getting Started with Understanding Credit Scores If you have ever applied for a mortgage before you may already know that your mid-score is the score lenders use when determining if you qualify for a home loan. When a lender checks your credit they do what...
Bank Statements and Mortgage Lenders: A Comprehensive Guide
. Many things about the homebuying process can be stressful, but I bet no one ever thought that collecting bank statements could be one of them. It turns out that collecting 60 days of bank statements can turn out to be a nightmare if you...
7 Crucial Factors That Determine Your Mortgage Interest Rate
Understanding the Factors That Determine Mortgage Interest Rate It’s largely thought by home buyers, especially first-time homebuyers, that their credit score is the only factor that determines mortgage interest rate. They would be correct in assuming that, at least partially. In fact, even more experienced...
5 Crucial Factors That Determine Your Home Affordability
Understanding the Factors That Determine Home Affordability Buying a home is a big deal. You’ve probably spent a lot of time thinking about whether or not you are ready, if it’s the right time, and will you get pre-approved. Furthermore, if you do qualify, how...