While it might not literally be stashed under your mattress, “mattress money” is a catchall term to describe money saved without a documented paper trail. The money could come from selling a car, a small inheritance, or an outright gift. …
Credit Inquiries and Home Loans
Since a minimum credit score is required for most loan programs, the first thing a lender will do is check to see if your score measures up – this is known as a “credit inquiry.” There are two primary types …
What’s the skinny on jumbo loans?
Let’s talk about conforming loans vs. jumbo loans in the mortgage world. The Guidelines Each year in October, the Federal Housing Finance Agency, or FHFA, collects data on the national median home value and compares that number to October of …
Credit Scores Demystified Copy
If you’ve made a resolution this year to get your credit on track, getting started can feel a bit daunting. After all, it can sometimes seem as if credit agencies want to keep you in the dark about how scores …
Credit Scores Demystified
If you’ve made a resolution this year to get your credit on track, getting started can feel a bit daunting. After all, it can sometimes seem as if credit agencies want to keep you in the dark about how scores …