Credit Scores and Mortgages: Credit Bureaus Announce Positive Changes
These credit improvements will have a positive impact on home buyers, as credit scores and reports weigh heavily on the ability to qualify for a mortgage.
These credit improvements will have a positive impact on home buyers, as credit scores and reports weigh heavily on the ability to qualify for a mortgage.
This week, I have a column on millennials and homebuying featured in Inside Business, the main business newspaper in Hampton Roads. Inside Business reaches the business community in Norfolk, Virginia Beach, Chesapeake, Portsmouth and Suffolk. The column is called “15 Things Millennials Want When Buying a Home” Check it out and see the column online here.
If you’re a realtor in Virginia Beach, Norfolk, Chesapeake and all of Hampton Roads…get these apps! 1. Evernote As realtors, you are always on the go and there are so many things to do. This app is a great to-do list. Ex: create client specific lists 2. Shoeboxed Track all of your mileage and receipts Useful during Read more about 4 Online Tools Every Real Estate Professional Needs[…]
I hear the above phrase all the time with clients in Virginia Beach, Norfolk and Chesapeake. Owning a home is a important financial responsibility, and the decision should not be taken lightly. Before you buy, you must consider: – How long do you plan to stay in the area? – Do you have enough money Read more about Mortgage vs Rental Payments[…]
Lenders want to see the borrower has solid history of paying debt on time and in a consistent way. That’s why they refer to a credit report. It is important to note that when buying a home, some banks accept a minimum score of 620 (depending on the loan program). I work with a Read more about Does My Credit Score Impact My Mortgage?[…]