Lower credit scores are not a deal breaker with VA Mortgage Loans
VA mortgage loan benefits help make home ownership possible for veterans who might otherwise miss out. VA loans do not require a down payment
VA mortgage loan benefits help make home ownership possible for veterans who might otherwise miss out. VA loans do not require a down payment
Homeowners with FHA-insured loans may be able to avoid foreclosure by making a “partial claim” to get their loan out of default.
Rapid Rescore is a service used by lenders and mortgage brokers to update or increase credit scores in as little as 72 hours! Credit report errors can be quickly corrected, balances can be updated quickly and new scores generated in order to qualify for a mortgage loan.
A charge off was showing your credit reports without notification can be shocking. But is it a mistake or can a HELOC be charged-off years later after a delinquency.
Charge-offs hurt your credit scores, whether paid or unpaid. But when applying for a mortgage loan it ‘s better to pay the charge-off so it won’t be factored into your overall credit utlization.
You can get approved for a mortgage loan with unpaid charge-offs. But even though FHA allows charge-offs some lenders may have stricter requirements.
Self-employed borrowers can no longer depend on stated-income mortgages but there are ways to look more attractive to lenders when applying for a mortgage
These 6 Must-Know Facts will guide you through the types of mortgage loans available for bad credit borrowers.