-
1). Mortgage Terms and Definitions By : Dan Lewis
The mortgage process can be a little confusing if you aren't familiar with the terms used in the process. To help you out, here is a list of terms with corresponding mortgage definitions.
Broker: An independent mortgage professional that oversees the entire home loan process.
Lender: The business entity providing and funding the home loan.
Processor: Prepares your loan for underwriting.
Article Related to: mortgage, mortgage terms, mortgage definitions, fico scores
|
-
2). Mortgage Loan – Understanding FICO Scores By : Dan Lewis
Apply for a mortgage loan and you’ll soon become familiar with FICO scores. Here’s a primer on the infamous FICO scoring process.
FICO scores are merely a mathematical representation of your credit record. Credit records are simply a recording of your debts and assets. Credit card balances, for instance, are a debt that appears on your credit record, as do late payments, bounced checks and so on.
Article Related to: fico, mortgages, fico scores, mortgage loan, home loan, highest fico score, lowest fico scores
|
|
|
-
4). Credit Cards For Anybody? By : Amit
Credit Cards are widespread all over the US as well as worldwide and are accepted Internationally as a very convenient mean of payment either in person at stores, via the phone and the Internet or on signed forms via the fax.
Does anybody can obtain this much quested plastic money?
Well, to answer that we would have to understand how this credit screening and rating system work and what are the qualifications to be approved.
Article Related to: credit card, credit cards, charge card, visa card, master card, credit history, fico scores
|
