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More Credit Articles Tips on Credit and your Mortgage (Credit main page) Credit Score Grades Where they draw the line and How they affect a mortgage How to hurt your Credit Scores 10 tips on how to improve your Credit Scores FICO Scores a history Statistics on Credit Other Sections in the Library Library Home Page Applying Appraisals Credit Escrows Glossary Mortgage Types Points PMI |
Tips on Credit and Your Mortgage Know what your Credit Score is and how it is going to affect your mortgage in advance. With the advance of technology those all important credit scores can affect the interest rate and even the type of mortgage that you can qualify for. These articles will teach you the way that mortgage lenders will grade your mortgage based on your credit scores, ways to improve and hurt your credit and some historical facts about where these credit scores came from. The Facts Credit Score Grades Where lenders draw the line and how they affect a mortgage. FICO Scores a history of where they came from and who is responsible Statistics on Credit How many people have good credit? How many people have bad credit? "68% of all borrowers have never made a payment late, according to recent statistics." Articles, Education and Advice on Credit How to hurt your Credit Scores 10 tips on how to improve your Credit Scores Where to get a copy of your Credit Report There are 3 major credit bureaus where they calculate your credit scores. You can order a report from any of the three or get a "3 bureau report" which contains information from all the bureaus. Experian www.experian.com Equifax www.equifax.com Tran Union www.transunion.com ![]()
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- guide to Home Mortgage Loan Advice & Education for refinancing and purchasing |
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