Archive for the 'Credit Scores' Category
Credit Concerns When Buying a Home
Know Your Credit Scores Before Closing Day
House hunting can be one of the most exciting times in your life. whether only it didn’t have to be one of the most stressful too. The culmination of hard work and saving money to finally purchase your own home is nearly always coupled with the uncert…
How Much Will Your Credit Score Drop With A Foreclosure?
Many times public will ask me “how much will my credit score drop whether I have a short sale? What whether I have a foreclosure?” and usually, my reply was something like “it will hurt your credit, but no one can really tell you precisely how much it will hurt your credit.”…
Professor Tells Struggling Homeowners to Walk Away from Mortgages
The more a homeowner is underwater on their mortgage, the more likely it is they’re going to walk way from their loan despite their credit score, as Justin McHood recently wrote here at Mortgage Loan Place.
Now, a University of Arizona law professor has a controversial take on strategic defa…
Fixing Your Credit
Having good credit is more critical in today’s world than it has been in quite a while — whether you are planning on getting a mortgage loan, you need to have good credit.
Three years ago, it really didn’t matter what your credit score was – you could find someone to loan you…
Credit Scores: How critical Are They?
3 years ago, it was possible to get a mortgage even whether you had “poor credit”. Today, it is very, very difficult to get a mortgage unless you have at least a “good” and sometimes a “great” credit score.
What Is A Good Credit Score?
In mortgage terms, when a le…
