Mortgage Lending criteria is based on many
factors of your loan application. Besides credit, income and downpayment play a large
factor in the approval of your mortgage application.
We have provided information about
credit reports and Credit Guide Scoring used in Conventional Financing. If your credit is
perfect, do not fret. There is a Sub-Prime Lending Market for individuals with imperfect
Here are the addresses and phone numbers for the three major credit repositories:
Equifax, TRW, TransUnioun.
What is a
Credit Guide Score?
A quick and easy explanation of a Credit Guide Score. Don't try to figure out how
they are calculated, no one knows.
Credit Guide Score
A Credit Guide Scoring scale used by conforming mortgage lenders for basing
mortgage credit risk.
my Credit Affect My Ability to Get A Loan?
If you have paid your bills, it will have no effect. If you haven't paid your
bills, you may have some work to do.
If you have errors on your Credit Report, you have the legal right to have them
removed. Find out how.