Florida East Coast Real Estate

Tag: Credit Score

Qualifying for a Mortgage While Self Employed
Posted on 08/11/2019
Qualifying for a Mortgage While Self Employed
While working from home and making your own schedule, either freelance or as a contract worker, allows for a particular type of freedom and control of schedules, a dress codes, income limitations, and your life, when it comes to qualifying for a mortgage, your 1099-MISC status comes with some drawbacks. The so-called “gig-economy” places workers squarely in the...
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Can Applying to Multiple Lenders Affect Your Credit Score?
Posted on 11/19/2018
Can Applying to Multiple Lenders Affect Your Credit Score?
Preparing to buy a home is a long and stressful process for many. You’ve spent months, or even years, saving for a down payment, planning your future, and building your credit to ensure you get the best possible interest rate on your loan. Then you find out, when getting preapproved for a mortgage, that your credit score dropped by...
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Building Credit To Buy a Home
Posted on 11/12/2018
Building Credit To Buy a Home
Your credit score is a fundamental component of a mortgage lender’s decision to approve you for a loan. It can also affect the interest rate and loan amount you can secure. Along with your income history and down payment, a solid credit score is one of the three most important things you’ll need when it comes to buying a...
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