Tag Archives: score requirements

Who Can Get Financing To Buy A New Home?

Only those with stellar credit, reliable income and solid down payments. For everyone else, mortgages are hard to get. Yes, mortgage rates are near all-time lows and home prices are the lowest they’ve been in five years. US News reports: … Continue reading

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What Is A Good Credit Score?

Before 2007, you could get a mortgage if you had a credit score above 620. Now you can have a credit score above 730 and you still can’t get a mortgage. If you have a credit score above 750 and … Continue reading

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Why Do We Give The Government A Monopoly On Mortgage Loans?

Here’s a column from Green Bay asking some obvious questions. Why do we give the government such a big role in the mortgage market? Why is Uncle Sam guaranteeing so many loans? That only makes real estate more expensive. The … Continue reading

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