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Mortgage Professor about poor credit debt to income first time home property loan: | ||||||||
When Good Credit Marries Bad Credit
November 2, 1998, Revised November 22, 2004 "My fiancee and I are first time buyers and would like to purchase a single family home in New Jersey. He has an outstanding credit report and I have a bad one (collections, ... more... Shop Retail, or Retain Agent to Shop Wholesale? 18 April 2005 "How do I know whether I am better off going to a mortgage broker or a lender?" That question has no answer. The better question is whether you should shop the retail market yourself, or retain a broker as your agent to shop the wholesale market for ... more... |
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poor credit debt to income first time home property loan related definitions |
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Equal Credit Oportunity Act
Equal Credit Oportunity Act (ECOA) Is a federal law that requires lenders and other creditors to make credit equally available without discrimination based on race, color, religion, national origin, age, sex, marital status or receipt of income from public assistance programs. ... more... Credit Score Credit Score A single numerical score, based on an individual's credit history, that measures that individual's credit worthiness. Credit scores are as good as the algorithm used to derive them. The most widely used credit score is called ... more... |
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More about poor credit debt to income first time home property loan
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