How To Repair Your Credit? 5 Main Factors That Affect Your Credit Payment History / Public Records Your payment history represents 35% of your credit score so when you miss a payment, it is extremely detrimental. This is the most important factor by far. This can be somewhat [...]
Waiting Periods to Get a Mortgage Multiple Agencies to Consider There are four common entities who purchase loans from or guarantee loans for banks. These include the Federal Housing Authority or FHA, the Veterans Administration or VA, Fannie Mae, and Freddie Mac. Each of these entities have specific [...]
How To Get A Mortgage With Bad Credit? Understanding the Problem Obtaining a mortgage with bad credit can be relatively simple as long as the prospective borrower has the right expectations. To qualify for a prime or A-Paper loan, a minimum credit score of 580 (for FHA) and [...]
