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Mortgage Professor about poor credit: | |||||||||||||||||||||||
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... 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... |
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poor credit related definitions |
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Non Conforming Loan
Non Conforming Loan A loan that does not meet the Fannie Mae or Freddie Mac underwriting guidelines. This is also known as a portfolio mortgage. The loan can't be sold on the secondary market so it must keep it and service it in its own portfolio. Non-conforming loans have ... 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 Poor Credit Mortgage - Overcoming Financial Slumber So Many Loans, So Little Time Poor Credit Mortgage Reigns High Among Mortgages Available to Bad Credit Borrowers Government Can't Ban Discrimination On Certain People Poor Credit Mortgage Refinance Getting Approved Poor Credit Mortgage Refinance - Getting Approved Finance Your Car With Poor Credit Poor Credit Car Loan - Get Approved Online Poor Credit Home Mortgage Loans You Are A Poor Mortgage Candidate If
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