Home | Ask Your Question | Mortgage Glossary |Free Credit Report | Mortgage Calculator |
|
|||||||||||||||||||||||
Mortgage Professor about Poor Credit Score: | |||||||||||||||||||||||
Is Credit Scoring Fair to Minorities?
December 21, 1998 "I was shocked to discover recently that my credit rating, called a 'FICO score', was poor, due largely to a 90-day past-due bill that I have every year because my work is seasonal. Comes the spring I always pay the bills in full? Most of my ... more... Can You Get A Mortgage With a FICO Score of 450? December 6 , 2004 ?I have a home worth $142,000 on which I owe $81,000, so I have $61,000 of equity. I want to turn the equity into cash, but my credit is poor, in the mid-400s, and I can?t find a lender who will deal with me. Do you know any lenders who will help me?? ... more... |
|||||||||||||||||||||||
Poor Credit Score related definitions |
|||||||||||||||||||||||
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... Credit Report Credit Report A report documenting the credit history and current status of a borrower's credit standing, detailing a borrowers credit history including payment history on revolving accounts (eg. credit cards) and installment ... more... |
|||||||||||||||||||||||
More about Poor Credit Score Poor Credit Mortgage - Overcoming Financial Slumber Home Loans For People With Poor Credit - Understanding The Requirements For a Subprime Mortgage Home Mortgage Loans for People with Poor Credit - Low Credit Score Lenders Poor Credit Home Equity Loan Tips What Factors Do Lenders Consider? Is Your Credit Score Costing You Money? Poor Credit? Get a Sub-Prime Mortgage Now, and Refinance to a Conventional Mortgage Later Home Loan For People With Poor Credit Adverse Credit Mortgages - Getting Approved with a Low Credit Score Home Loans and Mortgages Watch Out for Dangerous Subprime Loans You Are A Poor Mortgage Candidate If
|
|
||||||||||||||||||||||
|