Do you or someone you know plan to buy a house in the next one to three years? Are you worried that your credit score will increase mortgage costs or even disqualify you for a mortgage? Do you want someone to get you through the credit service red tape? My friend and EBA colleague, Tom
There is a logic to the way the lenders choose who can borrow for a mortgage. Since 2014, mortgage loans have standard guidelines that require that any mortgage borrower be able to prove that they can repay their loan. Lenders document income, but also debt. How you have been handling debt will affect your mortgage
Long before you apply for a mortgage, it is a good idea to check your credit score. Credit scores determine if you qualify for a loan and the rate you pay for your loan. If your credit score is low, you may not be able to get a mortgage, even if you have the down