How your credit score affects buying a home 12 Articles

by Erinn Soule

People sometimes are not aware just how important those 3 digit numbers are your credit score. From buying a home to buying an engagement ring, those numbers can make a significant impact on your life. A credit score is...read more

by Alexandra Heep

Your credit score affects of course any type of major purchase. Since a house is the largest purchase you are likely to make, the credit score affects a home purchase the most. I have worked for seven years in a Mortgage...read more

by Diane Callahan

According to Carey Hollander, Certified Mortgage Planner and President of Patriot Home Funding in New York, "One's credit score is everything today. A year ago you could have financed a house with no money down with damage...read more

by Jennifer Metz

If you do not have a bank account filled with the funds to purchase a home, you will need a mortgage, or a home loan. The first thing a lender will do once you apply for a mortgage, is to pull your credit report. Your...read more

by Connie Morrow

Many mortgage companies will only provide prime rate loans and will not finance homes for individuals with a credit score less than 650. Some mortgage companies will provide a home loan for individuals with a score not le...read more

by Sean Siemen

For whatever reason lending eventually comes down to The Score. I was never so keenly aware of this until I went to refinance my 2 year ARM as a self employed person at the same time my friend was trying to buy their firs...read more

by Leslie Coleman

Realtors sell houses. Mortgage companies and banks sell home loans. Home buyers should be as selective with their mortgage, as they are choosing their new house; and all too often this "second" purchase doesn't come up i...read more

by Rose Durham

How your credit score affects buying a home Did you know that, when you applied for your student loan or first credit card, lenders have been using your credit history and what's now known as a credit score (or FICO sco...read more

by Margaret Ladner

Deciding to purchase a new house is one of the most important steps a person or a couple could ever make and could be a very over whelming task if not knowing what steps to take that could save a lot of time and monies....read more

by Laia Drendall

HOW YOUR CREDIT SCORE AFFECTS BUYING A HOME Real estate agents sell houses. Loan officers, mortgage brokers, lending institutions and banks sell the loans needed to buy them. Ask a real estate agent like Penny Lamb of ...read more

by Nancy Lynam

Credit scores are an overview of a person's credit picture. Figured into this picture are the number of accounts opened, the types of accounts, and the timeliness or lack therof for paying these accounts. Included in a cr...read more

by Charlene

You may be considering taking advantage of the lower home prices and buying your first home. After all, you are in a position that you feel financially secure. You have steady employment, a decent income with consistent a...read more