Borrowers with high credit scores get access to lower mortgage rates and can find the mortgage approval process to be more smooth than borrowers with low credit scores.
Entries Tagged as 'Credit Scoring'
Improve Your Credit Score To Get Better Mortgage Rates
January 16th, 2013 · Comments Off on Improve Your Credit Score To Get Better Mortgage Rates
Tags: Credit Scoring
See How Credit Missteps Lower Your Credit Score
November 26th, 2010 · Comments Off on See How Credit Missteps Lower Your Credit Score
The company behind the popular FICO scoring model has published a “What If?” series for common, specific credit missteps.
Tags: Consumer Interest · Credit Scoring · Mortgage Lending · Real Estate
Better Credit Scores Get Better Mortgage Rates
November 2nd, 2010 · Comments Off on Better Credit Scores Get Better Mortgage Rates
Mortgage approvals are primarily based on good income, good equity and strong credit, and, without all three, the best rates of the day remain out of reach. Do something about your credit score.
Tags: Credit Scoring · Mortgage Lending · Real Estate
7 Ways To Protect Your Credit Score For Better Mortgage Rates
February 5th, 2010 · Comments Off on 7 Ways To Protect Your Credit Score For Better Mortgage Rates
Credit scores not only make the difference between a mortgage approval and mortgage turn-down, but they also play a large role in determining your actual mortgage note rate. In the 3-minute piece, the NBC Today Show talks about 7 ways that homebuyers ruin their credit — often by accident.
Tags: Credit Scoring