What can you do to improve your credit? Here are a couple tips to get you started… Start now! Time is a huge advantage to have on your side. Start making small changes now and working slowly on credit issues before you need the credit. If you wait to resolve credit issues or establish credit history until you need the …
What is a Credit Score?
What is a Credit Score? Your credit score is a number between 300 and 850. This number represents the statistical likelihood that you will repay creditors. Your score is based on 5 different areas, with some parts carrying more weight than others. 1. Your payment history – makes up 35% of your credit score Do you pay your accounts on …
Mortgages & Pre-Approval… by Land Title
Lending is an important part of the overall home buying process. The attached article by our friends at Land Title Guarantee Company covers the following: 1. What items make up my monthly mortgage payment? The answer: “PITI” + “HOA” + “MIP” P – Principle I – Interest T – Taxes I – Insurance HOA – Homeowner’s Association Dues …