If you’re like most people, the monthly mortgage payment isn’t the thing that worries you the most when you’re ready to buy a house. Its having enough saved for a down payment. Many homebuyers assume you need to have a down payment equal to 20% of the homes value. Thats not the case. There are … Read more
If youve heard about Experian Boost®ø page and are wondering whether it really works, the answer is yes! Since launching in early 2019, Experian Boost has helped millions of people instantly increase their credit scores. Experian Boost is the first service that lets you use your monthly phone, internet, rent, insurance, and streaming service bills … Read more
Being aware of your debt-to-income (DTI) ratio is just as important for managing your money as being aware of your credit score. According to the Wells Fargo Money Study, more than 20% of Americans are looking for ways to get out of debt. Knowing your DTI ratio can help you make smart decisions about how … Read more
Buying a house is an exciting milestone in life. But for many, concerns about credit scores can cast doubt on achieving this dream. If your score is around 630, you may be wondering – can I buy a house with a 630 FICO score? The answer is yes, you still have options, but your mortgage … Read more
Among all of the difficult choices associated with buying a house, choosing a time of month to close might seem like a low priority. Compared to many home buying decisions, it’s certainly lower stakes. Nevertheless, there’s likely $500 – $2,000 on the line when it comes to your closing date. That’s enough to pay for … Read more
Hey there! If you’re wondering, “Does the mortgage have to match the deed?” then you’ve come to the right place. I’m here to tell you the truth. We get this question a lot at Moshes Law, and trust me, it’s important for anyone buying a home or having problems with their property. That being said, … Read more
Credit checks coming from lenders are reported to the credit reporting companies as an “inquiry. ” An inquiry typically has a small negative effect on your credit scores. Inquiries can be seen by other lenders when they check your credit. Inquiries tell other lenders that you are thinking of taking on new debt. An inquiry … Read more
Understanding why mortgage rates vary by lender can help you select the right lender for your situation. Hey there, folks! If you’ve popped open your mail or got a call from your mortgage lender saying, “Hey, we wanna lower your rate!” and your first thought was, “What’s the catch?”—you’re not alone I’ve been there, squinting … Read more
Often, our clients want to know how long do tradelines take to report and post to their credit files. Each tradeline is an account that reports monthly. This means, the bank collects all the information associated with that tradeline (the age, limit, balance, payment history, authorized users, etc. ) and sends it to the credit … Read more
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