Tag: Credit Score

Posted on 02/02/2021
Do Your Homework: 3 Ways Home Buyers Can Position Themselves for the Best Mortgage Terms
Image by StockSnap from Pixabay The perfect home is not the only thing you'll need to shop for when you want to become a homeowner. In order to get the best terms, the lowest monthly payment and a reasonable interest rate, start doing some homework now -- before you even attend your first open house. 1. Check Your...
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Posted on 12/24/2019
It’s a Balancing Act: Credit and Debt
Image by David Pereiras from Shutterstock Your FICO score is a key factor used to determine if you qualify for a mortgage. The Fair Isaac Corporation (FICO) is the creator of the most common credit score used by home loan providers. The algorithm used to create your score is a closely-guarded industry secret. But in general, it factors...
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