Rx for Consumers’ Credit- For a better rate and terms, buyers should take these five steps before they fill out a mortgage application.
Sunday, February 8th, 2009
Bad credit can ruin a deal.
Bad credit translates into financing rejections, prohibitively high loan rates, and failed deals. That’s why real estate professionals need to educate themselves about the credit system and show prospective buyers the value of repairing their credit, if necessary, in order to qualify for a mortgage.
Unfortunately for borrowers, most credit reports [...]