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[26 Mar 2017 | One Comment | 3,213 views]
Raising Credit Scores for Home Loans

While most mortgage applicants know a good credit score is a key element for a loan approval, not everyone realizes raising your credit score by even a few points can make the difference between qualifying for a mortgage or not. In addition, if you are applying for a conventional mortgage rather than an FHA-insured home loan, you can pay a lower interest rate if you are able to boost your credit score into the next level.

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[22 Mar 2017 | No Comment | 1,385 views]
How to Qualify for an FHA Loan with a Credit Score as low as 580

Good news for veterans of the U.S. military and anyone interested in an FHA loan — it just got easier to qualify for an FHA loan or VA loan if you have less than perfect credit. With Quicken Loans, you can now qualify for an FHA loan with a credit score as low as 580.  That’s one of the lowest qualifying scores you’ll find in today’s mortgage market and veterans and active members of the military can qualify for a VA loan with the low credit score of 620 as well.

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[21 Mar 2017 | No Comment | 1,793 views]
How to get a Mortgage Loan With a Low Credit Score

Home ownership is a part of achieving the American dream. For many, the only thing standing between them and owning a home is a low credit score. Lenders rely heavily on FICO Scores when determining whether to fund a mortgage — low credit scores equate to high risk. Still, it isn’t impossible to get a mortgage with a low credit score.

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[17 Mar 2017 | No Comment | 891 views]
FICO Score Changes to FICO Score 9 Could Boost Your Credit Score

A new version of FICO’s credit score formula will raise the scores of people with medical debts, or who paid off other debts in collection but people with unpaid debts on their record that aren’t related to health care would see their scores fall, making it harder for them to get a personal loan or credit card, or raising the interest rates they’ll have to pay, FICO said.

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[14 Mar 2017 | One Comment | 2,722 views]
Get Your FICO Score for Free

So, what is a FICO Score? It’s a number that is formulated based on your credit history helping lenders evaluate your credit risk. Your FICO Score is used to determine credit offers and interest rates — and now it’s free for you to view.