Take a moment to look at this article from CNN Money, in reagrds to credit and getting a mortgage. As always here at Stone Coast Mortgage we can help you find the right program, and work with you on any of your credit needs! http://money.cnn.com/2011/07/05/real_estate/mortgage_underwriting/index.htm?iid=EAL
In todays mortgage world, it’s not just about having the money and income to get a mortgage, you need a good credit score. Different loan programs require different credit scores, but 620 is the usual middle score needed. Here is an article that gives tips on how to improve your credit. As always, if you [...]
The Fed is holding the US economy hostage. And it’s time for a prisoner snatch. It was 32 years ago that President Reagan freed the hostages from Iran. He did within hours of his inauguration what Jimmy Carter had failed to do in 444 days–he freed 52 US embassy employees taken hostage and imprisoned by [...]
A Licensed Mortgage Professional must meet the following: Pass a national test Pass a state test Satisfy a 20 hour core class Maintain education credits of 8 hours yearly Pass a financial and criminal background check Posses financial responsibility: acceptable credit, net worth, and bonding Be registered on NMLS (National Mortgage Licensing System) Loan officers [...]
So you are thinking about refinancing or purchasing a new home. Well we can help you out at Stone Coast Mortgage. We offer competitive closing costs and great rates. What you need for paperwork: Application-located on our Get Approved page Income documentation-what is this? One months current pay stubs showing 30 days earnings Two years [...]
