Tag: Credit Score

Posted on 06/13/2024
Selling a house on short sale: What you should know
What does it mean to sell a house on short sale? A...
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Posted on 03/23/2023
Options to help you buy a house with bad credit
While getting approved for a mortgage does require a good...
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Posted on 09/10/2020
Mortgage Qualifications: FICO Score
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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Posted on 09/05/2019
The Importance of Balancing Your Debt to Credit Ratio
It's easy to get stuck without a mortgage approval or with a smaller home loan than you want, just because you don't understand how your credit score works. Most of the things you've done to prepare: budgeting your income, balancing your bank accounts and saving up for a down payment, aren't reflected in your FICO credit score. It...
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