Category Archives: fico scores

HOW DO I GET MY CREDIT SCORE THAT MATTERS


Source: HOW DO I GET MY CREDIT SCORE THAT MATTERS   What factors influence how long it takes to repair your credit? When a new client comes into our office to first go over their credit repair plan, they always ask the question, ‚ÄúHow long will it take to bring my score back up?‚ÄĚ Of […]
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2019 Kentucky First Time Home Buyer Loan Programs


Kentucky First Time Home Buyer Loan

in kentucky

2019 Kentucky First Time Home Buyer Loan Programs


Kentucky First Time Home Buyer Loan

What is the minimum credit score I need to qualify for a Kentucky FHA, VA, USDA and KHC Conventional mortgage loan in 2019?


What is the minimum credit score I need to qualify for a Kentucky mortgage currently in 2019? Question: What is the current minimum credit scores needed to qualify for a Kentucky mortgage Loan in 2019? Answer: The minimum¬†credit score¬†needed to qualify for a Kentucky mortgage depends on the type of loan program you are looking […]
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How to boost your credit score for A Mortgage Loan Approval in Kentucky!


  Want to increase your credit score before buying a home? It might be easier than you think. Focus on these 6 steps and watch your score climb. Source: How to boost your credit score What Can Improve a Credit Score Keep Your Balances Low It‚Äôs important that you try to keep your balances at […]
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Obtaining new financing after a Short Sale or Foreclosure for a Kentucky USDA, FHA, VA, and Fannie Mae Loan


  Kentucky Mortgage Short Sale: Conventional Loans Require: Minimum 2 years with restrictions up to 7 years 2 to 4 years – 80% maximum LTV 4 to 7 years – 90% maximum LTV 7 years and after allow for maximum standard financing Kentucky FHA and Kentucky VA Loans Require: 3 years, with exceptions possible for […]
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Kentucky FHA Credit Score Requirements for 2014, Based on Lender Feedback


Kentucky FHA Credit Score Requirements for 2014,¬† We√Ę‚ā¨‚ĄĘve spent the last few days querying mortgage lenders about their credit score requirements for FHA loans. Specifically, we asked lenders if they expect to make any major changes next year, as far as credit scores are concerned. As it turns out, FHA credit score requirements in 2014 […]
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What does it take to get a mortgage today? – Half Moon Bay Review : Community


What does it take to get a mortgage today? – Half Moon Bay Review : Community. Your debt to income ratio cannot exceed 45 percent. The higher your credit score, the lower the mortgage rate. A score of 740 or above will give the best rate; a 690 will work, but you will pay between […]
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Kentucky FHA HUD Back to Work Program for FHA Borrowers in Kentucky


Kentucky FHA HUD Back to Work Program for FHA Borrowers in Kentucky¬† ¬† ¬† What is¬†Back¬†to¬†Work? FHA¬†is¬†continuing¬†its¬†commitment¬†to¬†fully¬†evaluate¬†borrowers¬†who¬†have¬†experienced¬†periods¬†of¬†financial¬†difficulty¬†due to¬†extenuating¬†circumstances. Many¬†borrowers¬†experienced¬†periods¬†of¬†recession¬†related¬†financial¬†difficulty¬†and/or¬†credit¬†impairment¬†resulting¬†from unemployment¬†or¬†a¬†severe¬†reduction¬†in¬†income.¬†FHA¬†recognizes¬†the¬†hardships¬†faced¬†by¬†these¬†borrowers,¬†and¬†that their¬†credit¬†histories¬†may¬†not¬†fully¬†reflect¬†their¬†true¬†ability¬†or¬†propensity¬†to¬†repay¬†a¬†mortgage. ¬† For¬†Purchase¬†transactions¬†with¬†case¬†numbers¬†assigned¬†on¬†or¬†after¬†August¬†15,¬†2013¬† Are borrowers with a foreclosure, short sale, or bankruptcy eligible for Back to Work? The alternative guidance in Mortgagee Letter 2013-26 is effective for purchase applications with case numbers assigned on or […]
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Get Your Credit Answers: Get a copy of your free credit report


Get Your Credit Answers: Get a copy of your free credit report. via Get Your Credit Answers: Get a copy of your free credit report. Get Your Credit Answers Step 1: ¬† Get Your Free Credit Report in 2012 All consumers in the US¬†are entitled to receive one free credit report each year from each […]
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