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Mortgage Professor about credit rating: | |||||||||||||||||||||||
Should Mortgage Borrowers With Poor Credit Shop?
October 25, 1999 "You keep saying that home buyers ought to shop for the best mortgage terms, but suppose your credit rating sucks? Won't I have trouble finding a lender who will even deal with me, let along find a lot of them ... more... Detail on Single-Lender Mortgage Web Sites Summary Rankings of Web Sites, January 12, 2005 Rank URL Score Rank URL Score 1 Amerisave.com 47 2 Eloan.com 46 11 Countrywide.com 25 3 Mortgage.com (ABN ... more... |
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credit rating 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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