It’s All About the Fed the Fed the Fed…
It’s all about the Fed the Fed the Fed… some people claim that they have gone crazy watching hours of pundits talk about whether they will raise the Fed funds rate and therefore the prime rate this week. 7 out of 10 economic experts predicted that they would finally...
This Weeks Win: 9-18-15
Ms. Client came in as a referral to get her former husband off the title of her home. They had attempted to do it and failed in 1999 and now her kids were concerned that the property could be at risk. I went through all the documents and not only was it in both their...
Your Spouse’s Bad Credit Will Stop You From Getting a Loan.
This could be true or false. Under certain loan programs, we DO NOT have to look at a spouse’s credit. But what if you need their income to qualify? Then we may need to count their credit, in which case the loan rate would be based on their credit score. So, if you...
You Need a 640 Minimum Credit Score to Get a Loan
FALSE. You can have a BLANK credit report, even as low as 560 credit score. FHA has no actual printed guidelines on credit scores. You may know someone who never established traditional credit because of their cultural or spiritual beliefs, or they just plain didn’t....