Credit Score Report Guide

TAG | mortgage

Unraveling The Consumer Mortgage and Credit Debt Maze

Unraveling The Consumer Mortgage and Credit Debt Maze

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Will bad credit sink your mortgage?
Today, credit scores have a bigger impact on the odds of landing a mortgage than ever before.
Read more on Bankrate.com via Yahoo! Finance

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Getting low mortgage rates today
Mortgage rates today continue to hover near historic lows. What do borrowers need to do to get a great rate?
Read more on Bankrate.com via Yahoo! Finance

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Lenders likely to order second, last-minute credit report before closing on a mortgage
Changes taking effect June 1 are part of Fannie Mae’s ‘loan quality initiative’ to cut down on slipshod underwriting and fraud by borrowers. If you’re thinking about applying for a home mortgage this year, here’s some important news: Beginning June 1, your lender is likely to order a second full credit screening immediately before closing.
Read more on Los Angeles Times

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