Why Are My Credit Scores Different??

We often talk to folks who are ready to buy a house, and they have the credit scores that they get for free every year.  Well, those scores are not the same as the scores you get for a mortgage credit report.  In fact OUR Credit Score numbers and the ones they send you, are almost always DIFFERENT! Okay- so by now you know that you will have 3 … [Read more...]

Minimum Credit Scores for Mortgages in 2012

I"ve written a couple dozen times about scores and how to increase your score - but I don't think I've mentioned (here anyway) what the goal is.  If you want to buy a car - your goal is to get your score to AT LEAST a 525 on all three credit bureaus.  If you are purchasing a home... the bar's a little higher. Most FHA underwriters now require a … [Read more...]