What First Time Home Buyers need to Know About Their Credit

What First Time Home Buyers Need To Know About Their Credit

The use of a Statistical Risk Assessment Model which uses Consumer Reporting Agency (CRA) information to significantly increase the level of predictive power to determine good payers from bad payers.

The Score is a “snapshot” of a consumer’s credit profile at that particular point in time.
Scores Can Change Daily!
For more information call 281-348-9899
Mike Durr The Kingwood Mortgage Guy
1521 Green Oak Pl. # 197
Kingwood, TX. 77339

What First Time Home Buyers Need To Know About Their Credit
Why don’t the scores at each CRA agree?
Which score is used?
Different industries
Different scoring models within the industry
We Showed You what a Credit Report Looks Like
We talked about Credit Scores
We talked about Credit History
We talked about the type of Credit Accounts
We looked at the credit Guidelines for
Conventional Mortgages
FHA Mortgages
VA Mortgages

What First Time Home Buyers Need To Know About Their Credit

Tags: , , , ,
Previous Post

How Gift Funds Work

Next Post

Help for Hurricane Harvey Renter’s Through FHA 203(h)

Leave a Reply

Your email address will not be published. Required fields are marked *