by Marti Reeder | Sep 21, 2015 | Credit, Finance, Home Buying, Home Ownership, Interest Rates, Reporter
Credit is an important factor when buying a home, whether it is your first home or your fifth. Here’s how credit can affect your getting the home of your dreams. Credit scores affect interest rates. Your credit score will determine the interest rate you receive. The...
by Marti Reeder | Jul 20, 2015 | Credit, Finance, Home Buying, Home Ownership, Reporter
The short answer is no. You don’t have to have perfect credit to buy a home, but you do need good credit. In May, the average FICO score for a conventional mortgage loan was 757. The average FICO score for an FHA loan was 688, so there is some flexibility there....
by Marti Reeder | Nov 3, 2014 | Credit, Finance, Reporter
Is your credit score impacting your ability to move to the home you’ve always dreamed of? Here are some easy ways to raise your credit score. 1. Watch your credit card balances. It’s easy to spend money on credit cards, but pay attention to how much credit you’re...
by Marti Reeder | Jan 16, 2012 | Credit, Home Buying, Home Ownership
One of my friends, and preferred providers, Lee Anderson of Reclaim Credit Consultants, has some great suggestions for reclaiming your credit in the New Year. Read Lee’s top five tips for optimizing your credit score on his blog. For example, did you know that...
by Marti Reeder | Jul 7, 2011 | Credit, Finance, Misc.
If you want to own a home someday or refinance the one you are currently in, it is important that you protect your credit. This is particularly true now that lenders are tightening credit guidelines. Here are 10 tips to help you protect your credit: Pay your bills on...
