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Mortgage Professor about Excellent Credit: | |||||||||||||||||||||||
Why a Reverse Mortgage Leaves Money Behind
December 1, 2003 ?I was my aunt?s only relative, and when she died I was surprised to inherit a house worth $250,000, with reverse mortgage debt of only $90,000. I had encouraged her to exhaust the equity in her house, and she always told me that she was using it as fast as the ... more... Do Mortgage Lenders Recognize Bargain Prices? October 9, 2000 "I am buying a house for $105,000 but it is appraised at $120,000. Can I use the difference as my down payment?" "I have no cash and lots of credit card debt, but I think I can purchase a house for less than its appraised value. Can I use the ... more... |
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Excellent Credit related definitions |
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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... 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... |
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More about Excellent Credit Rebuild & Keep Good Credit Ratings by Understanding Your Credit Cards Good FICO Credit Score? Tips to Getting the Most Out of Your Home Mortgage Loan With Good Credit Good Credit is King, When Qualifying for Mortgage Programs Need a Mortgage, Refinance or Equity Loan? Learn What it Takes, Before Applying How To Choose Your Credit Card Application Hybrid Cars; Visiting Japanese Auto Makers North American Head Quarters The Zero Down 80/20 Mortgage Comprehending a Credit Report Buying A Home After Bankruptcy Low Credit Score Mortgage Loans Refinance Your Home Equity Loan
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