Credit Tips Archives - Chris Jordan Mortgage Team

Don’t trust your online credit score

September 25, 2018 CJMT No Comments

Since the start of 2017, the Consumer Financial Protection Bureau (CFPB) has cracked down on all three credit bureaus for deceiving consumers with the credit scores that they were paid to provide. The credit scores that were provided to consumers were said to be the…

Budgeting Credit Tips Expert Advise Home Buyer Strategy Home Buyer Tips Misc Mortgage Planning Uncategorized

Credit counseling & debt management

September 14, 2018 CJMT No Comments

If you are struggling to manage your credit and your finances, you could greatly benefit from speaking with a credit and debt management counselor. We recommend InCharge Debt Solutions. InCharge Debt Solutions is a 501(c)(3) nonprofit organization offering confidential and professional credit counseling, debt management services,…

Credit Tips Expert Advise Home Buyer Tips Mortgage 101 Mortgage Advice Mortgage Planning

How can we protect our credit & identity?

September 14, 2017 CJMT No Comments

In response to the recent data breach at Equifax, lots of clients have been inquiring about what to do and what not to do with regard to their credit. Some of the clients are currently shopping for homes and others are not looking to qualify…

Credit Tips Home Buyer Tips Loan Origination Mortgage 101

Credit 101 – do’s and don’ts

February 28, 2017 CJMT No Comments

Credit scores can range from 350-850 points, depending on which scoring model is used. Regardless of which scoring model is used, there are some universal steps that anyone can take to maintain or improve their credit scores. Since creditors use credit scores to determine credit…

Credit Tips Home Buyer Tips Mortgage 101

HOW CREDIT SCORES AFFECT MORTGAGE RATES

February 28, 2017 CJMT No Comments

Obtaining a low mortgage interest rate can help you save money on the price of your home. While many people try to compare lenders to secure the best possible rate, one of the main determinants of a mortgage rate is your credit score. Borrowers with…

Credit Tips Expert Advise Mortgage 101

Credit Checks & Inquiries

February 14, 2017 CJMT No Comments

Many people have been taught that you never pull your credit because your credit scores will drop, but that's really not true. There is a negative association with poor credit scores and credit inquiries that can easily be explained. Everyone knows that those who don't…