payment history

What can ruin your credit score

There is a logic to the way the lenders choose who can borrow for a mortgage. Since 2014, mortgage loans have had 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

By |2024-02-11T10:16:11-05:00February 14th, 2024|Categories: buying process, Money and finance, Mortgage matters|Tags: , , , , |

How are credit scores calculated?

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