Don’t Believe These 3 Credit Myths

Credit scores and credit reports can be a bit of a mystery but having a good understanding of them will greatly benefit your financial future. Myth: A bad credit score will stick with you forever. Reality: Even if you suffer from something like bankruptcy or foreclosure, which does have a terrible impact on your credit, ...

Tips To Avoid Credit Road Blocks

When you go through the steps in obtaining a mortgage it is important to maintain your credit throughout the entire process, even after your loan is approved. Lenders may need to check your credit multiple times to verify the numbers making certain you are eligible for the loan. If you begin making large purchases or ...

Mortgage Myths Revealed

Myth: The Interest Rate Determines The True Cost Of The Mortgage The annual percentage rate (APR) is what is used to determine the true cost of the mortgage. The APR includes the interest rate, points, mortgage insurance, and all other fees. This figure will give you a better idea of the total cost over the ...

What is in your FICO Score?

Understanding Your FICO Score

Today it’s more important than ever for you to understand where you stand financially, but many people out there know very little about their credit score, how it impacts lending and how they can improve it. In fact, two of every three Americans incorrectly believe that a consumer’s age is a factor used in calculating ...