Jul 28, 2022 | Credit challenges, Credit Score, Home Buyers
What is a Pre-Approval? Anyone interested in buying a house can get a pre-approval from a lender or broker who performs a check of their credit history, verifies their income, and then provides an assurance that they would be able to get a loan up to a certain amount....
Aug 19, 2020 | Credit Score, Home Buyers
The Basics of Buying a Home Buying a home in cash can be a great step toward financial freedom, but it isn’t automatically a better choice than taking out a mortgage. Paying in cash can save you thousands on interest, closing costs, and monthly payments, but you...
Sep 9, 2018 | Credit Score, Non Prime Loans, Refinance
Low Credit Scores Can Still Get Loans Do you have a low credit score because of financial problems you have had in the past? Perhaps you went through a bad divorce or you owned a small business that went bankrupt or a consumer proposal. You might have lost your job...
Aug 13, 2018 | Credit Score, FHA, Hard Money, Home Buyers, Loan Origination, Loan Programs, Non Prime Loans, Refinance
Amassing a big pile of cash for a down payment–to apply for a mortgage is a daunting task. Oftentimes first-time buyers pause as they grasp the meaning of the phrase, “mortgaging your future.” And understandably so, nobody wants a rejection for a mortgage after they...
Feb 3, 2018 | Credit Score
Want to know how to improve your credit score? Most credit scores, including FICO scores, operate within the range of 300 to 850. The credit tiers generally look like this: Flawless: 800 + Excellent: 750 – 799 Good: 700-749 Fair: 650 – 699 Poor : 550...
