ARCHIVED BLOG POSTS
2010
6
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800 Credit Score Borrowers Putting 50% Down Can Be Denied for A Loan!!! With an attention getting headline like this, one can only wonder how! This post is aimed at consumers and realtors, and should provide some insight into a questionable practice that the automated underwriting systems emplo...
01/12/2010
Yes, you read the above right! It is actually possible to lower a credit score yet pay all of your bills on-time every month! Impossible you say, please read on....... The myths of FICO scores and credit scoring continue to confuse many Americans. I am often asked..."How can my credit score be...
01/11/2010
Everyone keeps hearing about how mortgage financing is more difficult to obtain than ever before. But...what does that really mean? Every so often Fannie Mae -- one of the big three government quasi-agencies that buys mortgage loans, tweaks its formula that it uses to qualify new loans. The autom...
01/10/2010
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Many military veterans are curious about the "streamline" refinance, or IRRRL option available through the VA. Interest rate reduction refinancing loan, or IRRRL for short, is a phenomenal loan product for eligible veterans looking to refinance with minimal costs. Some key points of IRRRL Loans: ...
01/10/2010