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Category | Credit Scoring

Lenders Starting to Loosen Guidelines Again

With all the scary press that the mortgage industry has received over the past three years it is no wonder that lenders have been wary of loosening guidelines. Up until recently it was extremely difficult to find FHA financing if your middle credit score was below a 640 and if you didn’t have 20% to [...]

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Applying For A Mortgage Soon? Don’t Open New Credit Cards On Black Friday.

Shoppers should think twice about is the popular “Open A Charge Card, Save 20%” promotion. The short-term savings may be tempting, but the long-term costs may be huge.

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