Is a 50-Year Mortgage a Good Move?

Mortgages

Is a 50-Year Mortgage a Good Move?

Is a 50-Year Mortgage a Good Move?

Are you looking to afford a new mortgage? A 50-year mortgage may be an option, but here are some things to consider when looking at a long mortgage term. These loans are not bought and sold by Fannie Mae or Freddie Mac. They are smaller banks and portfolio lenders that offer unique financing and, as... Read More

This Common Mistake Can Kill Your Mortgage

Mortgages

This Common Mistake Can Kill Your Mortgage

This Common Mistake Can Kill Your Mortgage

In order to qualify for a mortgage, you need to show your lender that you have a down payment and access to funds for closing. This money needs to come from documentable sources prior to moving it from your bank account to your escrow account. Unfortunately, a lot of people don’t do this, which can... Read More

How to Write an Undeniable Offer Letter for Your Dream Home

Mortgages

How to Write an Undeniable Offer Letter for Your Dream Home

How to Write an Undeniable Offer Letter for Your Dream Home

Buying a home in a competitive market means you need to have all your ducks in a row. You can be successful by putting your best foot forward before the starting gate. One way to spruce up your offer is to write a love letter to the seller. All sellers have different reasons and motivations... Read More

Do You Need a Jumbo Down Payment for a Big Mortgage?

Mortgages

Do You Need a Jumbo Down Payment for a Big Mortgage?

Do You Need a Jumbo Down Payment for a Big Mortgage?

Most people will say you need to have excellent credit and a big down payment in order to secure a large mortgage. The reality is that while having a big chunk of cash to put down on a house is nice, it is not always an absolute requirement. Here’s what you should know if you... Read More

5 Ways to Find Extra Money for a Down Payment

Mortgages

5 Ways to Find Extra Money for a Down Payment

5 Ways to Find Extra Money for a Down Payment

In order to buy a home, you need to have a balance of good credit, manageable debt, stable income, and sufficient savings. Maintaining a balance between these four categories is challenging enough on its own, never mind coming up with enough cash to close on your potential new home. If you’re worried about the credit... Read More

Can Refinancing to a Higher Mortgage Rate Actually Lower Your Debts?

Mortgages

Can Refinancing to a Higher Mortgage Rate Actually Lower Your Debts?

Can Refinancing to a Higher Mortgage Rate Actually Lower Your Debts?

Your ability to save money can become compromised by the financial obligations you are paying in your life. If you have a mortgage and other consumer debts, it’s easy to stay the course, pay your monthly bills and rely on credit cards for emergencies. But taking action — namely, refinancing your mortgage —  could actually... Read More

Here’s How You Can Control the Cost of Your Mortgage

Mortgages

Here’s How You Can Control the Cost of Your Mortgage

Here’s How You Can Control the Cost of Your Mortgage

Mortgages are not cheap. Closing costs and interest paid over time to your lending bank will make the cost of having a mortgage very pricey over the 15-30 years that you have it. But, when it comes time to get your mortgage, you actually have more control over your loan costs than you think (even... Read More

Looking to Get a Mortgage in 2017? Here’s What You Need to Know

Mortgages

Looking to Get a Mortgage in 2017? Here’s What You Need to Know

Looking to Get a Mortgage in 2017? Here’s What You Need to Know

[UPDATE: Some offers mentioned below have expired and/or are no longer available on our site. You can view the current offers from our partners in our credit card marketplace. DISCLOSURE: Cards from our partners are mentioned below.] The mortgage industry has gone through some changes in the last three months. If you are looking to... Read More

What Determines the Total Cost of Your Mortgage

Mortgages

What Determines the Total Cost of Your Mortgage

What Determines the Total Cost of Your Mortgage

Costs to secure financing are a big factor when it comes to getting a mortgage. And knowing why your loan costs a certain amount is critical to being able to understand how lenders price loans in the marketplace. People tend to think of interest rates when it comes to mortgages, but that’s not the only... Read More

How to Get a Loan for a Manufactured Home

Mortgages

How to Get a Loan for a Manufactured Home

How to Get a Loan for a Manufactured Home

If you’re looking to purchase a manufactured home, or if you already own one and want to refinance, here are some things to keep in mind. Manufactured homes are not the same thing as modular homes. Manufactured homes are constructed, purchased at a dealer, and then moved to their final destination where they are permanently... Read More

Show Me More by Scott Sheldon

Certain credit cards and other financial products mentioned in this and other sponsored content on Credit.com are Partners with Credit.com. Credit.com receives compensation if our users apply for and ultimately sign up for any financial products or cards offered.

Hello, Reader!

Thanks for checking out Credit.com. We hope you find the site and the journalism we produce useful. We wanted to take some time to tell you a bit about ourselves.

Our People

The Credit.com editorial team is staffed by a team of editors and reporters, each with many years of financial reporting experience. We’ve worked for places like the New York Times, American Banker, Frontline, TheStreet.com, Business Insider, ABC News, NBC News, CNBC and many others. We also employ a few freelancers and more than 50 contributors (these are typically subject matter experts from the worlds of finance, academia, politics, business and elsewhere).

Our Reporting

We take great pains to ensure that the articles, video and graphics you see on Credit.com are thoroughly reported and fact-checked. Each story is read by two separate editors, and we adhere to the highest editorial standards. We’re not perfect, however, and if you see something that you think is wrong, please email us at editorial team [at] credit [dot] com,

The Credit.com editorial team is committed to providing our readers and viewers with sound, well-reported and understandable information designed to inform and empower. We won’t tell you what to do. We will, however, do our best to explain the consequences of various actions, thereby arming you with the information you need to make decisions that are in your best interests. We also write about things relating to money and finance we think are interesting and want to share.

In addition to appearing on Credit.com, our articles are syndicated to dozens of other news sites. We have more than 100 partners, including MSN, ABC News, CBS News, Yahoo, Marketwatch, Scripps, Money Magazine and many others. This network operates similarly to the Associated Press or Reuters, except we focus almost exclusively on issues relating to personal finance. These are not advertorial or paid placements, rather we provide these articles to our partners in most cases for free. These relationships create more awareness of Credit.com in general and they result in more traffic to us as well.

Our Business Model

Credit.com’s journalism is largely supported by an e-commerce business model. Rather than rely on revenue from display ad impressions, Credit.com maintains a financial marketplace separate from its editorial pages. When someone navigates to those pages, and applies for a credit card, for example, Credit.com will get paid what is essentially a finder’s fee if that person ends up getting the card. That doesn’t mean, however, that our editorial decisions are informed by the products available in our marketplace. The editorial team chooses what to write about and how to write about it independently of the decisions and priorities of the business side of the company. In fact, we maintain a strict and important firewall between the editorial and business departments. Our mission as journalists is to serve the reader, not the advertiser. In that sense, we are no different from any other news organization that is supported by ad revenue.

Visitors to Credit.com are also able to register for a free Credit.com account, which gives them access to a tool called The Credit Report Card. This tool provides users with two free credit scores and a breakdown of the information in their Experian credit report, updated twice monthly. Again, this tool is entirely free, and we mention that frequently in our articles, because we think that it’s a good thing for users to have access to data like this. Separate from its educational value, there is also a business angle to the Credit Report Card. Registered users can be matched with products and services for which they are most likely to qualify. In other words, if you register and you find that your credit is less than stellar, Credit.com won’t recommend a high-end platinum credit card that requires an excellent credit score You’d likely get rejected, and that’s no good for you or Credit.com. You’d be no closer to getting a product you need, there’d be a wasted inquiry on your credit report, and Credit.com wouldn’t get paid. These are essentially what are commonly referred to as "targeted ads" in the world of the Internet. Despite all of this, however, even if you never apply for any product, the Credit Report Card will remain free, and none of this will impact how the editorial team reports on credit and credit scores.



Your Stories

Lastly, much of what we do is informed by our own experiences as well as the experiences of our readers. We want to tell your stories if you’re interested in sharing them. Please email us at story ideas [at] credit [dot] com with ideas or visit us on Facebook or Twitter.

Thanks for stopping by.

- The Credit.com Editorial Team