PURCHASE

A veteran is someone who served in the armed forces. There are many benefits available to veterans, including: Education benefits: Veterans...

A veteran is someone who served in the armed forces. There are many benefits available to veterans, including: Education benefits: Veterans...

Here are some of the factors that landlords consider when qualifying you to rent an apartment: Credit score: Landlords typically require a...

Here are some of the factors that lenders consider when qualifying you for an auto loan: Credit score: Lenders typically require a credit...

Here are some of the factors that lenders consider when qualifying you for a mortgage: Credit score: Lenders typically require a credit score...

There are several types of FICO scores, each with its own unique scoring model and purpose. Here are some of the most common FICO scores: FICO...

Credit utilization is the percentage of your available credit that you are using. It is calculated by dividing the total amount of debt you owe by...

There are a few ways to remove a collection from your credit report: Pay the debt in full. This is the best option, as it will remove the...

A collection account is a debt that has been sent to a collection agency after the original creditor has been unable to collect it. Collection...

Payment history: This is the most important factor, and it accounts for about 35% of your credit score. Lenders want to see that you have a...

An inaccuracy in your credit report is any information that is incorrect, incomplete, or outdated. This can include things like: A misspelled...

A credit tradeline is a record of an account that you have established with a lender. It includes information such as the type of account, the date...

These credit bureaus collect information about your credit history from creditors, such as banks, credit card companies, and lenders. They then store...

Get approved for loans and credit cards. Lenders use your credit score to assess your risk as a borrower. The higher your credit score, the less...

The construction loan is used to finance the cost of building the home, and it is typically interest-only during the construction period. Once the...

A land loan, also known as a lot loan or vacant land loan, is a type of financing used to purchase undeveloped land or a plot of land without any...

An FHA 203(k) loan is a specialized type of FHA loan that allows borrowers to finance both the purchase or refinance of a home and the cost of...

A fixed-rate mortgage is a type of home loan where the interest rate remains constant throughout the entire term of the loan. This means that the...

An adjustable-rate mortgage (ARM), also known as a variable-rate mortgage, is a type of home loan where the interest rate can change over time based...

A conforming loan is a type of mortgage loan that adheres to the guidelines and criteria set by government-sponsored enterprises (GSEs) such as...

Jumbo and super jumbo loans are types of mortgage loans that exceed the maximum loan limits set by government-sponsored enterprises (GSEs) like...

An FHA loan is a mortgage loan that is insured by the Federal Housing Administration (FHA), which is a government agency under the U.S. Department of...

A VA loan is a mortgage loan program specifically designed for eligible veterans, active-duty service members, and, in some cases, surviving spouses...

A USDA loan, also known as a USDA Rural Development Loan, is a mortgage loan program offered by the United States Department of Agriculture (USDA)....

A construction loan, also known as a self-build loan or a home construction loan, is a short-term loan designed to finance the construction of a new...