Home Buying

What is a Mortgage Credit Score?

2022-06-09T15:33:19-05:00

  What is a Mortgage Credit Score? A Mortgage Credit Score is calculated with certain guidelines set by the mortgage industry; In fact, most Industries set their own parameters. The most commonly used for the Mortgage Industry use the following Credit Scores under the FICO® algorithm. Equifax Beacon® 5.0 Experian®/Fair issac Risk Model V2SM Transunion [...]

What is a Mortgage Credit Score?2022-06-09T15:33:19-05:00

Mortgage Borrowers affected by Covid 19

2020-03-31T14:22:51-05:00

Please read carefully Mortgage Borrowers affected by Covid 19 Forbearance/Deferment of Mortgage Payments:   Typically allows for borrowers to lower or skip payments for a period of time due to a financial hardship.   Legislation in the works for plan to: Provide borrowers to obtain a 90 Day break from their mortgage payments (however, this [...]

Mortgage Borrowers affected by Covid 192020-03-31T14:22:51-05:00