How to Improve Your FICO Score in a Year

Your FICO score is one of the most important measurements in acquiring credit for a mortgage loan. It’s important to note that it is not the only measurement taken into account. You should always consult with a mortgage broker or loan officer on your qualification for a loan. There are a lot of different types…

5 Tips for Millennials Investing in Real Estate

Millennials, the largest living generation in the United States, are poised to enter their prime homebuying years. While the housing market has presented its challenges, particularly with shortages in some markets and increasing prices, many Millennials are still quite eager to buy. The same challenges that can make buying a home challenging could also be…

Are Mortgage Credit Standards Too Tight?

The Global Financial Crisis of 2008 left a lasting mark on the American economy and in particular, the mortgage industry. Prior to the GFC, some lenders were offering “NINJA” loans, the acronym for  “No Income, No Job, and no Assets”. It’s easy to see some of the flaws in the system looking back. The federal…

4 Ways Borrowers Can Improve Their Credit Score

The credit score, sometimes referred to as the FICO score, is one of the most important numbers that Americans will carry with them throughout their lives. It is a measure of their ability to receive credit, and credit is a major part of doing business, buying a home, and many other things. A consumer can…