At a time when the U.S. economy continues to struggle to create jobs, we cannot afford to leave potentially hundreds of billions of dollars of lending activity and tens of thousands of possible jobs go untapped.
Here are some pointers on how to increase your chances with mortgage lenders if you have a black mark on your credit record.
There's a myth that applying for a mortgage causes your credit score to drop, but that's not actually true. Here's what might hurt your score, though.
Imagine, then, the disappointment to learn that your credit scores have gone down, not up, as a result of making that final mortgage payment. Dale commented that his credit score seems to have been hurt by the fact that he paid off his mortgage years ago, and Mel complained that his scores dropped by over 70 points after he paid off his mortgage and another loan. The answer to the second …
Black and Hispanic borrowers who apply for a conventional mortgage are denied twice as often as whites who apply for the same loans, according to Zillow.
If you have errors on your credit report that could block a mortgage application, choosing a rapid rescore option could help, if your lender offers it
Mortgage rates plunged last week, but whether or not you can take advantage of them relies heavily on your credit standing.
TORONTO — Atrium Mortgage Investment Corporation is pleased to announce that its board of directors has approved an increase in its regular monthly dividend for 2015. The board has declared a monthly …