The FICO credit score model allows consumers to have a credit score as high as 850. Do people actually have this score? While it’s achievable, it’s not all that common. That’s why lenders often consider any credit score over 720 as ‘excellent,’ giving them the most favorable terms on their desired Read more
Do you Need Stellar Credit for a Zero Down Home Loan
Does a zero down home loan seem out of reach for you? Do you worry that your credit score isn’t high enough to qualify for it?Compare Offers from Several Mortgage Lenders.We have good news for you. You don’t need exceptional credit to score one of the no money down home loans. Many of the Read more
What is Considered a Good Credit Score?
Your credit score can make or break your ability to get a loan. So what do lenders consider a ‘good credit score?’ It can vary by lender, but on average, most lenders consider scores over 700 good. Of course, the higher your credit score the better off you’ll be. While rare, some people do have Read more
Go Mortgage Rate Shopping Without Affecting Your Credit Score
If there’s one thing every borrower must do when looking for a mortgage, it’s go rate shopping. You shouldn’t assume the offer you received from one lender is the only offer you’ll get. It may not be the best offer either. Wouldn’t you rather shop around to see what others lenders might offer Read more
The Top Credit Report Errors and How to Fix Them
Your credit report affects you in many areas of your life – not just when you want to apply for a new loan. It could affect your chances to get a job or even secure new services. Because of this, you need to keep a close eye on your credit report and take care of any credit report errors you Read more
