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 Refinance Mortgage Brokers Online Bad Credit Debt Consolidation Mortgage Loans Homeowner Loans - What's Available? 2nd Mortgage Loan Rates - Bad Credit and Higher Interest Rates Zero Down Mortgage Loans - Is 100% Financing a Good Idea and Can You Get Approved? Debt Consolidation Solutions for People with Good Credit Rating Secured Debt Consolidation Loan - The Undeniable Exit Car Loans After Bankruptcy How Long Do You Need to Wait to Get Approved? New Car Loans - How You Buy a New or Used Car With Poor Credit Subprime Mortgages How Large of a Down Payment Do You Need?
|
|
||||||||||||||||||||||
|