FHA Mortgage Loans Pros and Cons of FHA Loans The Federal Housing Administration (FHA) runs several FHA mortgage programs to promote home ownership. In most cases, FHA home loans are mortgages obtained with the help of the FHA. With a small down payment today only 3.5%, Florida buyers can purchase a home. FHA loans make … Read more
Florida FHA home loan “No MINIMUM CREDIT SCORE” http://www.fhamortgagefhaloan.com/ Florida FHA home buyers should know the many advantages of the FHA mortgage loan programs. FHA loans were created to help increase Florida home ownership. For the Florida home buyer the FHA program can simplify the purchase of a home, making financing easier and less expensive … Read more
This is the breakdown of the FICO Score: -35% Payment History – 30% Amount Owed -15% Length of Credit History -10% New Credit -10% Types of Credit Used The Payment History section takes up the biggest portion of the score and that’s also the part that is sensitive to delayed payments, in fact, the better … Read more
How well do you know your credit payment history? Though FICO is not sharing the exact formula they use to calculate your FICO or credit score, they will say that there are five major categories. Your payment history counts for 35% and is the most heavily weighted category in the calculation of your score. There … Read more
What are pay day loans? Payday loans are short term loans extended payment days between the two. Payday loan is normally 14 days. As a check on the borrower’s credit terms agreed security against loan lender is my favorite. To date, the credit for the lender to recover the dues check deposits. On the next … Read more