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Sherry Brockenbrough
White Paper - Little-Known Facts About Your Credit Report & Credit Scoring And What ?They? Don?t Tell You!? Home ownership is one of the keys to building wealth!? But, almost 98% of home buyers need a mortgage loan in order to buy a … Continue reading →
Just when you thought things could not get any more ridiculous, credit scores above 720 will pay to get a mortgage. - Thanks to FNMA’s?new LLPAs?(Loan-Level Price Adjustment), lenders are now requiring an average?of 0.7 point for you to get that 4.96% rate. (1 “point” is a fee equal to 1 percent of the loan size. For a $200,000 mortgage, 1 point … Continue reading →
Mortgage Loans and Your Credit Report - As you may or may not know, credit scores are calculated according to the information contained in a consumer?s credit report, and play a major role in the mortgage loan approval process. Because risk scores (credit scores) are so important, … Continue reading →
Mortgage Rates: Mortgage Broker VS Bank - Mortgage Rates: Mortgage Broker VS Bank Yield Spread Premium VS Service Release Premium First, it is important to discuss the basics of how mortgage rates are determined. ? Mortgage rates are determined by multiple market conditions, mortgage backed securities, and … Continue reading →
