Good credit scores play a bigger and bigger role in buying a home in today’s market. Most lenders will want credit scores of at least 680 and higher before approving someone for a loan. The score 680 is still considered a high risk to lenders even though most people would love to have a credit [...]
If you are looking for a home to buy, be careful about how you shop for a mortgage; it could cost you money. One of the most important assets you can take into a mortgage application is your credit score. Having a credit score over 700 is ideal while having over 740 is even better. [...]
If you lost your home during the recent economic nightmare then you may feel that everything is lost and that home ownership and mortgages are now out of the question. That may not be the case. FannieMae have recently announced that home loans for some victims of the financial fallout may still qualify for mortgages. [...]
