(855) 411-2372
An official website of the United States Government
Sort by: most helpful | most viewed | recently updated
A subprime mortgage carries an interest rate higher than the rates of prime mortgages. Prime mortgage interest rates are the rates at which banks and other mortgage lenders may lend money to customers with the best credit histories. Prime mortgages ...
Unlike your credit report, which you can get at no cost to you, you usually have to pay for your credit score. There are certain instances in which you are entitled to your credit score for free, for example if ...
Most adult consumers who have credit accounts have a credit report. There are also specialty reporting companies that compile and sell information about payday lending, check writing history, and other consumer credit activity. Whether you personally have a credit report ...
You can request a free credit report from a nationwide credit reporting company once every 12 months. You can choose to request reports from the nationwide credit reporting companies all at once or one report at a time. By requesting ...
Unless the lender denies your application, you should look for these four important documents either at or shortly after application: Good Faith Estimate (GFE) disclosure. Generally, the lender is required to send to you the GFE within three business days ...
A credit reporting company generally can report most negative information for seven years. Information about a lawsuit or an unpaid judgment against you can be reported for seven years or until the statute of limitations runs out, whichever is longer. ...
Buying a home might make sense if: You have a steady source of income and a good record of paying your bills on time. Lenders will look at your ability to repay the mortgage and how positive your credit history ...
Prequalification is a lender’s estimate of how much you could be eligible to borrow. You may be asked to supply information about your income, savings, assets, and debt. The lender will review this information and decide how much you might ...
To be preapproved for a mortgage loan means that a lender has evaluated your creditworthiness and has made a commitment to extend you a loan up to a specified amount. The preapproval will say how long it is valid for ...
A loan application means that you have given a lender or a mortgage broker certain information in anticipation of a credit decision. Information you give might include your name, a property address,desiredloan amount, social security number (to obtain a credit ...
