FHA Resources & Links
Realtor.com Find a Home or a Realtor – Looking for a someone to help you find that prefect home?
FHA – Federal Housing Administration
Credit Reporting Agencies
What’s a Good Credit Score?
Credit scores (usually) range from 340 to 850. The higher your score, the less risk a lender believes you will be. As your score climbs, the interest rate you are offered will probably decline.
Borrowers with a credit score over 700 are typically offered more financing options and better interest rates, but don’t be discouraged if your scores are lower, because there’s a mortgage product for nearly everyone.
Which parts of a credit history are most important?
Which parts of a credit history are most important?
Below is a breakdown of the approximate value that each aspect of your credit report adds to a credit score calculation.
- 35% – Your Payment History
- 30% – Amounts You Owe
- 15% – Length of Your Credit History
- 10% – Types of Credit Used
- 10% – New Credit
Mortgage Calculator
