The process of getting a home mortgage can be confusing. Its confusing mostly because its overwhelming. Lender spin accounts for a little confusion too. Lastly, the consumers desire for things to be simple makes it more overwhelming still. One thing that trips up a lot of buyers is the pre-approval. There’s the pre-approval mantra we [...]
Archive for the ‘Loan Qualifications’ Category
The Mystery of Credit Scoring
March 6, 2010In my experience, there appears to be a great deal of confusion about what makes up a persons credit score and what affects it the most. In the insurance business, as an employer, as a landlord, and in real estate (indirectly) I am involved in discussing credit scores with the public. I’ve had people tell [...]