Tag Archives: credit score
Take 5 Steps Now To Become A First Time Homebuyer in Delaware in 2013
Taking the right steps now to prepare yourself to buy your first home in 2013 will help make the process easier, and will help you buy that home earlier in the year If you get started with small steps now, you can become a 2013 first time home buyerwith no real hassles From credit scores to down Read more [...]
Could A Mortgage Pre-Approval Hurt Your Credit Score?
In the aftermath of the global recession, it is more important than ever to keep track of your credit score.  Banks are more careful about extending credit, making a good credit score the foundation of major purchases like a new car or a first home.  Frequent credit inquiries may negatively Read more [...]
What documentation is needed to obtain a mortgage?
Buying a house can be both a fun and time consuming process One of the best ways to  begin is to get a mortgage pre-approval Getting a pre-approval before the buying process can be beneficial for several reasons For one, it can give you an idea of how much you can afford when you are looking Read more [...]
Will Your Credit Score Affect the Interest Rate You Get?
I had a potential call me to get a pre-approval   I asked if he have any idea what his credit score was   He said he went on line and it was 900+   I advised him that that score was impossible because credit scores range from 300 to 850 The credit scoring mechanism used by mortgage Read more [...]
Deciding if a mortgage refinance is right for you
   Interest rates home mortgage loans are expected to end 2012 at a very low rate. If you're considering refinancing your mortgage to save money, you have some time, but the deals won't last forever. Here's a checklist to run through to determine if it's the right time to consider refinancing.1) Read more [...]
What is a credit score all about?
Everyone has a credit score of some sort   Your credit score is a numerical value that reflects how well you've managed your credit over the last seven to 10 years Lenders and mortgage underwriters use your score to help them decide how risky you are as a borrower When lenders extend credit, Read more [...]
Buying a Home – Top Ten Mistakes
For most people buying their first home is the largest  investment they will ever make. However, few people do the research necessary to make a good buying decision. The home purchase process is extremely confusing for most people. With a little bit of homework and with advice from family and friends Read more [...]