credit score

What Credit Score Do You Need to Rent a Home in the US?

Are you planning on renting soon? Here's a guide on credit scores and how it can impact your ability to rent a home.

Buyer’s Guide: What’s the Ideal Credit Score To Buy a Home?

If you're considering buying a home soon, here's a quick guide on the credit score you need to help you navigate the process more effectively.

4 Main Factors Lenders Review When Qualifying You for a Mortgage

Different lenders have their own specific qualifications for mortgages, but there are four main factors they review in the process. Here's a guide.

Real Estate 101: Can Paying Rent Affect Your Credit Score?

Understanding what may affect your credit scores is crucial, especially if you plan to purchase a home or a property in the future. In this article, we'll explain how rent payments affect your credit scores.

Before Applying for a Home Loan, Here's What You Can Do to Maintain a Good Credit Score

There are different things you can do to maintain a good credit score to have a better chance of getting loan approval. Here are some tips.

Your Credit Card Paying Habits Can Affect Your Chances of Buying a Home

The entire process of buying a home – from looking for one to sealing the deal – is a long and tedious one. While having a good credit score is definitely a must if you want to apply for a mortgage, a recent report shows that your credit card bills may also affect your chances of getting an approved mortgage application.

Here’s Why Many First-Time Buyers are Holding Off on Their Plan to Purchase a Home

The millennials comprise the majority of first-time homebuyers in the real estate market. While it has been predicted that a lot of millennials will be making their first real estate purchase this year, a new survey shows that first-time buyers are holding off on their plans to purchase a new house.

How to Rent a Home Even with Bad Credit

If you thought only homeowners were required to pull out their credit scores, then you have got it all wrong. Most landlords nowadays are also doing credit checks on their potential renters in order to find out if the person has the capacity to pay the rent in time. What should you do if you have bad credit? Can you still rent a home?

How to Improve Your Credit Score and Get a Lower Mortgage Interest Rate

Your credit score is one of the most important things that will help determine the kind of mortgage, rates and terms that you will get. It may, therefore, be wise to improve your credit score before submitting a mortgage application. How can you improve your credit score in order to get a lower mortgage interest rate?

House Buying Tips: Should You Apply for More than Just One Pre-Approval?

Time and time again, real estate agents recommend on getting a pre-approval before shopping for a home in the market. While it is definitely a wise thing to do, should you apply for more than just one pre-approval? Does it entail certain consequences?

House Buying Tips: Can You Purchase Your Dream Home Without Credit?

There are a lot of considerations to keep in mind when purchasing your very first home. Apart from having enough down payment, you also need to have good credit; unfortunately, not everyone has one. Can you still get your dream home even without credit?

Mortgage Loan Tips: The Credit Score You Need to Purchase a Home

What score should you meet to apply for a mortgage loan? Securing an approved credit score is a vital step to apply for a mortgage loan or even any type of loan.

3 Reasons Prospective Buyers Fail Their Home Deals

It's in every home buyers wish list, securing a home deal and eventually winning their hard-earned property. But along with the journey of finally owning your dream home is the possibility of also losing it in the process, what are the ways that this could happen?

3 Things You Should Do to Increase Your Borrowing Capacity

Here are three of the important things you should do that will help you increase your borrowing capacity.

2016 Brings Hope To More "Creditworthy" Mortgage Applicants

The credit-scoring system will be updated this year for the benefit of more mortgage applicants Many say that 2016, might be a good year to buy a home.

Borrowers with High Credit Score Dominate Mortgage Loan Industry

Borrowers with high credit scores take the wheel in steering the home purchase through mortgage industry as lenders find it easier to lend to those who have good credit profile.

How Missing Mortgage Payment Affects Your FICO Score - People With Higher Score Can Lose More

If you are one of the people who have been faithfully making mortgage payments for years, you might think that missing one payment won't have a big impact on your FICO score. But the truth is, even one missed payment can create damage to your FICO score. Lenders have the access to report your missed payment as immediately as theu desire. Meaning, if you miss your payment by a few days, your lender might go ahead and list it as unpaid.

4 Home Loan Tips That Can Help You Get In-line With Your Finances

Mortgages can be complicated most especially if your fiances are cluttered. Listed below are home loan tips that can give you a stress free financial statement.

How To Boost Your Credit Score Before Buying A Home

Home buying doesn't begin on the instance you walk through the door of your first open house. The moment you make the decision, you have to immediately start thinking about the finances - and your credit standing is an important component.

Why Americans Still Prefer to Rent Than Buy

Despite the fact that home price gains have relatively slowed and mortgage rates are at record lows, a large number of Americans continue to rent homes rather than buy one, even if renting is more expensive than paying off a mortgage. The Federal Reserve Bank of New York explains why the trend of renting is so hot right now.