How a Typo Can Derail Your Mortgage

Mortgages

How a Typo Can Derail Your Mortgage

How a Typo Can Derail Your Mortgage

The information you submit on your mortgage loan application should be accurate. This might seem like a no-brainer, but you may not realize the impact even a minor mistake could have on your application. When you apply for a home mortgage loan, your lender inputs the information you provide them for the purposes of getting… Read More

How to Refinance a Jumbo Mortgage for Less

Mortgages

How to Refinance a Jumbo Mortgage for Less

How to Refinance a Jumbo Mortgage for Less

If rising mortgage rates have spooked you into refinancing but your loan size is more than $417,000, pay particularly close attention. Traditionally, these loans cost homeowners more, but there are new investors in the marketplace offering better rates and deals on larger mortgages. The Big Question to Ask It doesn’t matter where you apply to… Read More

How Buying a Home Can Help Your Credit

Mortgages

How Buying a Home Can Help Your Credit

How Buying a Home Can Help Your Credit

If you have never owned a home before or it’s been a few years since you have, you’re missing out on some potential credit advantages. A mortgage loan is the largest debt most people carry in their life, and it can have a big impact on your credit score – for better or worse. It’s… Read More

Do You Really Understand Your Mortgage APR?

Mortgages

Do You Really Understand Your Mortgage APR?

Do You Really Understand Your Mortgage APR?

Everyone wants to know they’re getting a fair and reasonable mortgage offer. The federal government supports the annual percentage rate disclosure (APR) as the benchmark barometer of loan cost when mortgage shoppers begin their quest to find a good deal on a home loan, which is why it’s so important to understand what goes into a… Read More

Will Paying Off Your Mortgage Hurt Your Credit?

Mortgages

Will Paying Off Your Mortgage Hurt Your Credit?

Will Paying Off Your Mortgage Hurt Your Credit?

Let’s face it, no one actually wants a mortgage. A mortgage is simply a means to an end if you don’t have the cash. So when you finally pay it off, ridding yourself of the financial obligation is the next best thing, but could it come at the expense of your credit score? Here’s what… Read More

Show Me More by Scott Sheldon

Find out where you stand.
Get your FREE personalized credit report card.

Sign Up Now