FHA changed it's underwriting criteria for mortgage loan approval earlier this month. The changes are designed to limit the AUS approvals of borrowers with lower credit scores, high debt ratio …
Alternative Data For Credit Scores
While unpaid utilities, rent and cellphone bills that are sent to collections will have a negative impact on your credit scores, the positive payment activity is not factored into most scoring …
Credit Score Tips for 2019
Your credit score is made up of several things. I'm going to give you some examples, based upon the weighted average of how it will impact your score, of things you can do to improve your credit …
FHA Homes Loans North Carolina Debt To Income Ratios
The Consumer Finance Protection Bureau regulates what total debt ratios the Borrower must be UNDER for us to be able to sell a loan on the secondary market. Those mortgages that are originated and …
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What To Dispute On Your Credit Report
Want to buy a new home in NC? We have some great news! In 2018 - minimum credit scores required for a mortgage are going down, in many cases. We now need a minimum of 640 to qualify someone through …
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VA Home Loan Minimum Credit Score Requirements
Veterans who have eligibility for a VA Home Loan need to understand the "essence" of the credit requirements set out by the Veteran's Department. The VA Doesn't make these loans, they simply …
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