Category Archives: Credit

Is the current mortage crisis a positive for someone looking to refinance?

Posted on September 19, 2010 by admin

Snowtime asked: It seems that if you have good credit, the current crisis would help because lenders need a stable of good clients. I am off base here? The fed keeps lowering rates – shouldn’t that trickle down and reduce … Continue reading →

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Can anyone tell me in simple terms the good,bad,ins and outs of a FHA home mortage loan?

Posted on August 1, 2010 by admin

cornfed asked: I’ve just been approved although my credit sucks, but they say they can tell ive been trying. Is this a good loan for me? I live in Iowa and make to much money to qualify for anything even … Continue reading →

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How much will my fiances bad credit hurt our mortage loan?

Posted on July 16, 2010 by admin

iceman asked: I have solid credit, a round a 700 credit score. However my Fiance has poor credit due to some problems in college and her lack of using credit in the past few years. Her income is very good, … Continue reading →

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How many points does your credit score go down for late mortage payments?

Posted on May 19, 2010 by admin

Coral asked: How many points does your credit score go down for every late mortgage payment made 30-35 days after the due date? Is this hard to repair?Shane

Posted in Credit | Tagged , , , | 2 Comments

Will my ‘very poor’ credit score hinder me from being able to take out a loan?

Posted on January 6, 2010 by admin

chelsncurt asked: All of my debt is unpaid medical bills. other than that i would say i have no credit seeing as i have never paid a mortage or car payment or even credit card. My current score is a … Continue reading →

Posted in Credit | Tagged , , , , , , , , , | 12 Comments