A Credit Report consists of four basic areas:

Your personal information - name, address, Social Security number, date of birth, and employer are what you want to look at.
 
Your payment history - this includes your mortgage history, credit card history, installment loans, student loans, collections and any other revolving debt.  Usually your credit score is displayed […]

Posted in Borrower Resources, Your Credit 3 Comments »

If you follow the news, chances are you have heard about the president’s economic stimulus package.  This package, together with recent rate cuts, have garnered headlines over the past week.  What does all this mean to you?
Well, the stimulus package will do a few things.  What most people hear about is the tax rebate, $600 […]

Posted in Borrower Resources, Current Events 1 Comment »

 Neg-am loans have received a lot of press lately, mostly negative.  There are beneficial reasons to have a neg-am loan, but it is important to know all the facts surrounding these loans before deciding if they are right for you. A neg-am loan goes by many names, pick a payment loan, 1% loan and option arm […]

Posted in Borrower Resources, Loan Types No Comments »

Before going out to shop for a home, you really should have a good idea of what you can afford.  You can get a general idea of what your payments would be by using one of our mortgage calculators, but to know how large of a mortgage you can actually qualify for, you should talk […]

Posted in Borrower Resources, Buying a Home No Comments »

With the current credit crunch, money is becoming tougher to borrow for a home loan or refinance.  One of the biggest factors that you have some control over is your credit score.  Your credit score is the foundation of any loan package that is put together for you, and there are some simple things you […]

Posted in Borrower Resources, Your Credit 8 Comments »