Most people have heard the term FICO score, but some remain confused as to what it actually is and if it affects them when they try to obtain a mortgage. A few questions can be answered to help people understand how it can affect the amount of interest you pay on your loan.
Understanding the Difference Between a Mortgage Pre-qualification and a Pre-approval
If you're in the market for a new home and you've been researching mortgages, you've likely come across the terms "pre-qualification" and "pre-approval". While these terms are self-explanatory in some circumstances, they are quite different in regards to mortgage financing. In today's blog post we'll explain the difference between a mortgage pre-qualification and a pre-approval.
Three Key Tips to Help Ensure Your Mortgage Pre-Approval Isn’t Declined
In today's blog post we'll share three quick tips that can help to ensure that your mortgage pre-approval isn't declined.
Did You Know That Your FICO Score Can Drastically Affect Your Mortgage? Here’s Why
Let's take a quick look at how FICO credit scores can affect your mortgage and share a couple of ways that you can boost your score to ensure your application is approved.
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