Tag Archive for Credit score

Dos and Don’ts in Mortgage

June 19, 2012 / / 2 comments

Are you looking to buy a house? The purchase of your home may be the largest expenditure you will have in your life. Therefore, applying for a home loan is a process that you should not take lightly. The cost of a house is just your beginning expense. Points and the interest you must pay for a mortgage during the term of your loan will be much more than the price of the house. That’s why paying attention to the details of your home loan may turn out to be more important than the sale price of the home.

To get the most out of your mortgage, consider the following:

Read more

Category: Mortgage & Refinance / Tags: , , , , , ,

What is Keeping Me from a Perfect Credit Score?

February 15, 2012 / / 4 comments

Credit score, credit report, credit history, Experian, Equifax, Transunion, debt-to-credit utilization ratioDoes anyone know ANYONE with a perfect credit score? Is that even possible? Well of course it is, but what are the right moves you have to make to get there?

Recently during our refinance, I got to find out the credit score for my wife and I. But that wasn’t all. In addition, I was also given a full report that includes a breakdown of every reason why I lost points.

I decided it would be worthwhile to examine these reasons and see where I blew it. So for your amusement, I have posted the exerts below and we’ll review each of the reasons they listed.

Read more

Category: Credit / Tags: , , , , , ,