Tag: mortgage

What Credit Score Do You Need To Get A Mortgage?

Your FICO score is the first thing a mortgage lender will check when seeing if you qualify for a loan. While there are many factors involved in qualifying for a loan, your credit score is the most important. The minimum credit score you need to purchase a home will...

Mortgage Interest Rates Continue To Drift Lower

Several benchmark mortgage rates receded today. The average rates on 30-year fixed and 15-year fixed mortgages both slid down. On the variable-mortgage side, the average rate on 5/1 adjustable-rate mortgages inched up. Rates for mortgages change daily, but they have remained in a historically low range for quite some...

What causes mortgages to be rejected? Click here to learn more

Are you planning on buying a home? If so, there are common reasons why some people end up with their mortgage applications getting rejected. Thankfully, in this article I’ve listed the most common reasons why mortgage applications are rejected just so you can be prepared for the mortgage applications...