Posts discussing FICO

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06Jan2012
Author
Dan Green
Filed Under
Credit Scoring For Mortgages
Your Credit Report Will Be Re-Pulled Just Prior To Closing (And It Could Change Your Loan Terms) Thumbnail

Your Credit Report Will Be Re-Pulled Just Prior To Closing (And It Could Change Your Loan Terms)

When does "cleared to close" not mean "cleared to close"? When Fannie Mae's involved! Keep your loan approval intact all the way through funding. Here's how.

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01Nov2011
Author
Dan Green
Filed Under
Mortgage Strategy
Credit Score Under 740? Prepare To Overpay On Your Mortgage. Thumbnail

Credit Score Under 740? Prepare To Overpay On Your Mortgage.

Most people know that low FICO scores influence the mortgage rates for which they're eligible. For the past 3 years, though, they've raised closing costs, too.

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10Oct2011
Author
Dan Green
Filed Under
Credit Scoring For Mortgages
Chart : How Does A Foreclosure, Missed Payment, And Maxed-Out Credit Card Change Your FICO Score Thumbnail

Chart : How Does A Foreclosure, Missed Payment, And Maxed-Out Credit Card Change Your FICO Score

The company behind the FICO scoring model published a "What If?" series for common, specific credit missteps. See how your scores can change with a foreclosure, missed payment, maxed credit card, and more.

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10Jun2011
Author
Dan Green
Filed Under
Credit Scoring For Mortgages
How To Keep Your Credit Score High While Shopping For A Mortgage Thumbnail

How To Keep Your Credit Score High While Shopping For A Mortgage

A mortgage credit inquiry is estimated to lower a credit score by 5 points or fewer. But only if you do it the right way.

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23Nov2010
Author
Dan Green
Filed Under
Credit Scoring For Mortgages
Buying Or Refinancing A Home? On Black Friday, Avoid In-Store Credit Card Offers. Thumbnail

Buying Or Refinancing A Home? On Black Friday, Avoid In-Store Credit Card Offers.

The Holiday Shopping Season is upon us and shoppers should think twice about the popular "Open A Charge Card, Save 20%" promotion. The short-term savings may be tempting, but the long-term costs to a budget may be huge.

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09Nov2009
Author
Dan Green
Filed Under
FHA Mortgages
FHA Mortgage Rates Are Lower Than Conventional Mortgage Rates Thumbnail

FHA Mortgage Rates Are Lower Than Conventional Mortgage Rates

FHA mortgage rates are lower than conventional mortgage rates right now. It's an interesting development, especially for homeowners and home buyers with low equity. Unless you've got 20 percent into a property, if you're locking a 30-year fixed rate mortgage, there's compelling reasons to go FHA.

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