The last post discussed the basics of the portion of your credit score that has to do with amounts owed. Understanding the basics of credit scoring will help you increase your score. This makes up 30% of your credit score and only deals with your u
May 05, 2020 |
There are five main categories in credit scoring. Today I will share about the one on the chart called amounts owed. This is known in the industry as the debt utilization ratio. It is figured by taking all revolving debt(credit card debt
May 01, 2020 |
In the last few days in the investment world things have been happening and there is now news that we may start seeing 30 year fixed rates in the high 2's. So anyone at 3.5% or higher rate may benefit from a financial review. Please call Steve
Apr 29, 2020 | #creatingravingfans
Most Americans shop to find the best deal on jeans, funiture, TV's, however a study has been done and less than 50% of mortgage borrower's shop to make sure they are getting the best deal. How would you like to save at least $1,500? F
Sep 26, 2019 |
PMI! PMI is Private Mortgage Insurance on a conventional loan. For an FHA loan it is called upfront MI and MIP. First conventional loans. Any loan where you put less than 20% down requires the borrower to pay PMI. There are lender paid optoi
Jul 29, 2019 |
Should I refinance now??? Mortgage rates are at the lowest they have been since September of 2017. Is now the time to refinance? Five things you should consider: 1. What is my current interest rate and do I have PMI. 2. How muc
Jul 22, 2019 |