Fra Noi Embrace Your Inner Italian
Your credit is by far the most important ingredient of a mortgage. You receive three credit scores (Trans Union, Experian and Equifax) when you apply for a mortgage. If you do not receive at least a 640 on two of the three scores, you cannot apply for an FHA mortgage. A conventional mortgage usually requires an average credit score of 700, and 740 is the minimum required to get the best rate for a conventional loan. There has been a lot of negative noise lately about credit repair companies, both nationally and locally, and with good reason. Complaints abound about …
Read More »